housing cooperatives
Member-owned residential communities
Housing cooperatives are residential buildings or communities owned collectively by their residents rather than by landlords or individual unit owners.
Members purchase shares in the cooperative corporation, which entitles them to occupy a unit and vote on building decisions.
Unlike condominiums, residents don't own their individual units outright—they own a stake in the whole: The housing cooperative voted to replace the roof.
Co-ops often screen prospective members and may restrict resale, making them more selective but sometimes more affordable than market-rate housing.
- credit unionsMember-owned financial cooperatives
- sweat equityUnpaid work as investment
- bylawsOrganization's internal regulations
- board of directorsGoverning body of organization
- tenant rightsLessee's legal entitlements
pooled resources · cohousing · mutual aid · shared amenities · dispute mediation · zoning laws · property management · monthly dues · financial transparency · general assembly · communal living · common areas · collective ownership · shared ownership · affordability · waiting list · apartments · community engagement
- housingapartments, home, house, houses, homes
- cooperativesco-op, credit union, worker co-op, co-ops, food co-op
- public housingcouncil estates, council flats, Section 8, council estate, council flat
- collectivespair, duo, trio, quartet, quintet
- housing lawrent regulation, rent control, tenant rights, eviction, lease agreement
- tenancytenant, tenancy, lease agreement, landlord, tenancies
housing cooperativesinvestment properties
Real estate purchased for returns