Needham Housing Co-op
59 Inglis Place
Truro Nova Scotia B4N 2B5
Proud Member of CHF Canada
What exactly IS Co-op living?
Co-op living is very similar to regular rental living.
The difference is, YOU GET A SAY!
Living in a Co-op Housing organization. You get a say!
Because co‑ops charge their members only enough to cover costs, repairs, and reserves, they can offer housing that is much more affordable than average private sector rental costs.
Co‑op housing also offers security. Co‑ops are controlled by their members who have a vote in decisions about their housing. There is no outside landlord.
If you live in a non-profit housing co‑op you are:
- A voting member who contributes to the governance of the co‑op
- Part of a community where neighbours look out for one another
- Living in housing that will stay affordable because it’s run on a non-profit basis and is never resold
- Linked through the Canadian Co‑operative Association and the conseil canadien de la coopération with other Canadian co‑operatives active in banking, retail, farming, insurance, day care, health services and more
- A member of a world-wide movement.
In a housing co‑op members have the right to:
Vote on the annual budget, which sets the monthly housing charges and affects the quality of your housing – for example, how much the co‑op will spend on property upkeep
- Elect a board of directors made up of people who live in your co‑op
- Run for the board of directors yourself
- Receive audited financial statements that show how the co‑op spent your money
- Pay only a limited portion of your income for your housing, if you meet eligibility rules
- Live there for as long as you like, if you keep to the by-laws agreed on by the co‑op membership
We are a pet friendly Co-operative! up to 2 pets will be considered
General Members meet usually 3-4 times per year (for an hour each time). Board members meet monthly
See our tab labelled applicants for our application and credit check. Once filled out, it can be emailed to firstname.lastname@example.org