Housing co-ops Flashcards
1
Q
Blair Hamilton was from?
A
Co-operative Housing Federation of Canada
2
Q
Housing Co-op
A
provides housing to its members
3
Q
3 parts that make up a housing co-op
A
1- co-op members (live in co-op)
2-staff (hired by the board, management of houses)
3- board of directors (elected by members)
4
Q
Housing development principles
A
local reinvestment of profits local skill development local decision-making neighborhood stability human dignity
5
Q
How many housing co-ops in Manitoba?
A
50
6
Q
How many people do Manitoban co-ops house?
A
approx. 9,000
7
Q
Are housing co-ops diverse?
A
yes
8
Q
how?
A
58% are women 50% are single person or single parent 20% are immigrants 12% disability visible minorities, aboriginal
9
Q
Income range of people in housing co-ops?
A
low-medium
10
Q
How many people do housing co-ops house in all of Canada?
A
almost 100,000 people
11
Q
Pros of a housing co-op
A
- effective model for affordability
- maximizes democracy
- highest and best used of CED principles
- culture of self-help and self-improvement
12
Q
Cons of a housing co-op
A
- not great at growing personal assets
- democracy requires your time and some capacity
- some people aren’t ready to ‘put down roots’
