Housing cooperatives are a type of participative housing based on the notion of collective ownership. They can take many forms, but generally involve delegating many management, rental and maintenance tasks to residents. Once the buildings are built, the cooperative becomes the owner, and the members are both owners and tenants of the units.
Property management is often carried out by volunteer committees elected from among co-op members. These committees are responsible for the day-to-day management of the buildings and for making important decisions for the cooperative. Members pay a monthly rent, which is used to repay loans and to maintain and manage the building.
Our co-op property management services complement volunteer management with professional accounting, administration and consulting services, adapting to all internal management models. This collaboration enhances management efficiency while actively involving cooperative members.
This form of participatory housing helps reduce property management and maintenance costs, pool resources and promote social diversity. It also provides affordable housing for people on modest incomes, contributing to a positive and lasting social impact.
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