We know communities across Canada need more housing – and by starting co-operatives, people can create the housing they need.
As people struggle to find a place to live that fits their budget, the stability and affordability that housing co-ops can offer is becoming more attractive. In a housing co-op, the focus isn’t on individual ownership or increasing property value, but on ensuring members have stable places to live that emphasize community. There just aren’t enough co-ops to meet the demand.
While creating housing is a big task, there is support for those who want to try it. And it’s a great time to start — the Canada Mortgage and Housing Corporation (CMHC) recently announced the new Co-op Housing Development Program, which is a great source of funding for new housing co-ops.
If a housing co-op sounds like a good solution, here are the steps you can take to get started:
Read the rest at Co-operatives First
Add new comment