What is co-op housing?

A housing co-op is an organization incorporated under the Cooperative Association Act that provides housing to its members. Members purchase a share to join and elect directors to govern the co-op. Most housing co-ops in BC are non-profit co-ops with a rental (not equity) model of housing, though there are also a few equity housing co-ops here too. Co-op members do not have a landlord and monthly rents are called “housing charges”. Co-ops are inspired and guided by the seven international co-op principles in everything they do. Find out more about life in a housing co-op.