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A housing cooperative, or housing co-op, is a legal entity which owns real estate consisting of one or more residential buildings. The entity is usually a cooperative or a corporation and constitutes a form of housing tenure. Typically housing cooperatives are owned by shareholders but in some cases they can be owned by a non-profit organization.
A student housing cooperative, also known as co-operative housing, is a housing cooperative for student members. Members live in alternative cooperative housing that they personally own and maintain. These houses are designed to lower housing costs while providing an educational and community environment for students to live and grow in.
Alongside these consumers' co-operatives, there exist many prominent agricultural co-operatives (621), co-operative housing providers (619), health and social care cooperatives (111), cooperative schools (834), retail co-operatives, co-operatively run community energy projects, football supporters' trusts, credit unions, and worker-owned ...
A housing cooperative is a legal mechanism for ownership of housing where residents either own shares (share capital co-op) reflecting their equity in the cooperative's real estate or have membership and occupancy rights in a not-for-profit cooperative (non-share capital co-op), and they underwrite their housing through paying subscriptions or ...
NASCO acts as the organized voice of the "group-equity" cooperative housing movement, both in terms of bringing together student and community co-op activists, [4] and in maintaining relationships with national cooperative organizations, including the National Cooperative Business Association and the Cooperative Housing Federation of Canada.
The need for co-operatives and the work they do for communities around the world is still as great as ever, members of the movement have been told on the 180th anniversary of its formation.
On May 20, 2019, the National Register of Historic Places in the United States, listed two four story sixteen apartment buildings, Alku 1 and Alku Toinen, (Finnish for Beginning 1 and 2), located at 816 and 826 43rd Street, Kings County Brooklyn New York, as the first two coop buildings in the US, built by Finnish immigrants, on the National Register of Historic Places.
Cohousing can be considered related to co-living as the concepts appear to overlap. Both co-living and cohousing have shared areas that benefit all, such as spaces for events or communal meals. Cohousing provides self-contained private dwellings (often houses but sometimes apartments), often owned by the resident, but sometimes rented.