Co-operative housing providers…
- Are affordable housing providers
- Provide decent homes for key workers and first time buyers
- Is a model of housing that pools people’s resources and builds strong communities
- Puts tenants in control of their homes
Are affordable housing providers
In Australia and overseas, housing co-operatives have been effective financial managers of housing for decades because tenants have a sense of ownership and control in their management.
Provide decent homes for key workers and first-time buyers
Develop affordable housing to deliver new dwellings for key workers and other moderate income earners.
Is a model of housing that pools people’s resources and builds strong communities
The long-term involvement of tenants with their homes and their community is beneficial to people providing a sense of place and commitment. In addition, the skills developed in operating their own enterprise assist with confidence building that often leads to employment and a more varied income stream.
Puts tenants in control of their homes
In addition to social benefits, housing co-operatives can deliver services effectively and efficiently while increasing consumer choice and control.
The co-operative housing model is highly diverse, but is first and foremost an ownership structure which can complement varying degrees of resident self-management, co-housing, co-design etc.