What is a housing co-op?
_A housing co-operative is an organisation of individuals and families
who join together to manage their own housing. Many co-operatives own their own properties; others, like ABC, manage properties owned by a housing association or local council, on either a
permanent or a short-life basis. The co-op acts as landlord, renting
residential properties to members. Everyone who has a tenancy is a
member of the co-op, with an equal share in making decisions about how
we run our housing.
In permanent housing members in good standing can live there for as long as they like, and have certain rights to pass on their tenancy.
In short-life housing the properties are leased to the co-op for a limited period, and we have to hand them back to the landlord at the end of that period. Every effort is made to re-house members living in short-life housing when their properties are handed back (provided the members are in good standing with the co-op and have no rent arrears), but unfortunately we cannot guarantee re-housing.
In permanent housing members in good standing can live there for as long as they like, and have certain rights to pass on their tenancy.
In short-life housing the properties are leased to the co-op for a limited period, and we have to hand them back to the landlord at the end of that period. Every effort is made to re-house members living in short-life housing when their properties are handed back (provided the members are in good standing with the co-op and have no rent arrears), but unfortunately we cannot guarantee re-housing.
What does being a member involve?
_As members, we all have an equal say in how we run our housing. This
means that we have a bit more freedom than council or housing
association tenants in being able to make decisions about, for example,
how we organise maintenance, or how our housing co-op should develop in
the future. It also means that we all have a responsibility to
participate in making decisions and helping to manage our housing
Responsibilities
_In addition to the usual tenant's responsibilities (to pay rent on
time, to keep properties in good order, not to harass neighbours),
members' responsibilities include:
- participating in decision-making through General Meetings
- contributing to the work of managing our housing through participation in a sub-group
Benefits
_In addition to the usual benefits of social housing (affordable rent,
security of tenancy in permanent housing), benefits of being in the
co-op include:
- being able to decide how our housing is managed
- help with some maintenance jobs
- shared social activities with the community of co-op members