Inn Roads
Housing Cooperative

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Inn Roads
Housing Cooperative

Inn Roads Housing CooperativeInn Roads Housing CooperativeInn Roads Housing Cooperative
Home
Houses
  • Owen
  • Scarboro
  • Winslow Homer
  • Espiritus
  • Kabode
  • Jubilee
Vacancies
Map
Local links
Contact us
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    • Winslow Homer
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What is a housing cooperative ?

A housing cooperative is a collectively owned, owner-occupied, owner operated, non profit housing.

This definition suggests many reasons for one to be a member of a housing co-op. Some advantages include: 


  • Cooperative housing will enable any household, regardless of family income to become a co-owner.
  • Housing co-ops remove the adversarial relationship that exists between landlord and the tenant: they are the same people in a co-op.
  • Unlike rental housing, co-op housing is collectively owned and operated by the occupants.
  • Members have an equal voice in decisions affecting their housing. Decisions are made democratically; each member has one share and one vote.
  • Housing co-op members participate in designing and maintaining their units, building a community and determining the policies and management of their housing.
  • Housing co-ops provide a member with security of tenure as long as the member carries out his or her responsibilities.
  •  Although a member's housing charges may equal market costs at first, over time they may become less than either rental or mortgage payments.
  • When lower than market costs, housing charges can be considered a form of equity because a member will have additional income at his or her disposal.
  • Housing co-ops stabilize housing costs by eliminating market speculation.


Further information about co-ops (external links)


Northern Alberta Co-operative Housing Association (NACHA)

Co-operative Housing Federation of Canada (CHFC)

Brief history of housing cooperatives

In western Canada, co-ops have been a part of people's lives since the first half of the twentieth century. Alberta Wheat, credit unions, the Egg Marketing Board are familiar examples. In fact, co-op membership makes up a quarter of Canada's population. 


The history of housing co-ops is shorter. The first housing co-op in western Canada was formed in the 1960's. Several more began in the 1970's, due in part to supportive financing from federal government programs. Presently there are twenty housing co-ops operating in the city of Edmonton. They have received assistance from Communitas, Inc. since the early seventies. 

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  • Owen
  • Scarboro
  • Winslow Homer
  • Espiritus
  • Kabode
  • Jubilee
  • Vacancies
  • Map
  • Local links
  • Contact us