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The co-operative's Management Committee are all tenants and have had training and support to run this organisation which has a turnover of almost £750,000. The co-operative is a Registered Society under the Co-operatives and Community Benefit Societies Act 2014, a former Industrial & Provident Society (IPS) regulated by the Scottish Housing Regulator and the Financial Conduct Authority.
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.
Co-op Kobe (Japanese: コープこうべ), officially known as Consumer Co-operative Kobe, is a Kobe, Japan-based consumers' cooperative. It is the largest retail cooperative in Japan and, with over 1.2 million members, is one of the largest cooperatives in the world.
Its first property was the House of Commons, a 21 bedroom student house in Austin, Texas. It acquired the title from an ailing student housing co-op, ICC-Austin, with the purpose of keeping the building in the affordable cooperative housing sector. ICC-Austin bought the house back from NASCO Properties in 2003.
KCHSU was established on January 25 of 1949 under the West Pakistan Co-operative Societies Act VII of 1925 to help the acquisition and lease of land from the government and other agencies. [ 3 ] [ 4 ] This allowed the Union to provide sub-licenses or sub-leases to their member societies.
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.
A building co-operative is a co-operative housing corporation where individuals or families work together to directly construct their own homes in a cooperative fashion. Members of this type of co-operative purchase building materials in bulk and co-operate with other members of the co-op during the construction phase of the co-operative.
Sanford Housing Co-operative was born as a pilot project following five years of intensive lobbying. [2] The original idea was outlined in a paper [9] by the President of the University of London Union John Hands published in March 1967, proposing self-governing co-operative communities as a solution to the housing crisis affecting students and others.