What is Co-op living?
“Anyone who knows housing co-ops will tell you that they are much more than bricks-and-mortar or a roof over your head. Co-ops are made up of people who form a close bond of association and work together to provide safe, secure and affordable homes for their members.
Co-ops offer their members many advantages that are often unavailable in other forms of housing:
As a co-op member, you have security of tenure. That means you can live in your home for as long as you wish if you follow the rules of the co-op and pay your housing charges on time.
As a co-op member, you have a say in decisions that affect your home. You and your neighbours own your homes together, which means you have a say in how they are managed. Co-op housing is not public housing. Co-ops are self-governed, mixed-income communities, home to people of all ages and backgrounds. This diversity is one of the co-op movement’s greatest strengths.
Co-ops are communities in the truest sense of the word. While it’s common to hear people in other forms of housing say they don’t know or never speak to their neighbours, co-op members live and work together to create homes in active communities.
How Co-ops Work
Co-op members are not landlords or tenants. As co-operative owners, members work together to govern their association and manage their homes to foster strong communities.
Members elect a board of directors from among themselves to govern the co-op’s operations. Most co-ops also contract with managers to handle the daily operations and maintenance of their homes.
The board is elected by and accountable to the co-op’s members. Directors are volunteers who have a legal obligation to act honestly, in good faith, and in the best interests of the co-op.”
CHF BC – https://www.chf.bc.ca/living-co-op/
|Living in a Co-op – CHF BCLIVING IN A CO-OP. Anyone who knows housing co-ops will tell you that they are much more than bricks-and-mortar or a roof over your head. Co-ops are made up of people who form a close bond of association and work together to provide safe, secure and affordable homes for their members.www.chf.bc.ca|
What is expected of members for participation?
In order to keep our housing fees down, we do not have a property management company or a strata, we take care of all of the upkeep and maintenance of our property on our own. This includes all of the landscaping and maintenance, as well as all of the community involvement. Examples of committees you can be involved in are: landscaping, membership, social, newsletter, member relations, suite inspections, maintenance, policy, even the board of directors. You will be expected to contribute a minimum of 4 hours towards the community every month. In addition to committee work, there are 2-3 “work parties” per year, where everyone in the co-op spends a weekend day doing landscaping and property upkeep. You will be expected to participate in this as well. Finally, each unit has a small “unit task” that you will need to complete on a regular basis. These tasks can involve moving grass, sweeping walks, etc. We also are all expected to help out when the snow falls to shovel and salt the walks and driveways.
Why is the application process so intensive?
When a suite becomes available, we’re not looking for our next renters, we are looking for the next members of our community. We want to know as much as we can about you so we can select the right fit for the co-op. This process usually involves an orientation session, a family interview, reference and credit checks. We are thorough to make sure that you are the best match for us, and us for you!
Why should I apply for membership in Queens park co-op?
Between its convenient location, great amenities and the best neighbours around, Queens Park Co-op is a great place to live for Seniors, families and people from all stages of life. Located on a private street, yet next to many of New Westminster’s great features such as Queens Park and Canada Games pool, Queens Park Co-op is the perfect blend of community living in the heart of the city.