Incorporated: 1992
Type: Housing Co-op (non-profit)
Membership: 31
Location: Nelson
Website: linkshousingcoop.com
Bio: LINKS is a non-profit housing co-operative and collectively, the members pay the mortgage of the Cooperative. Co-op members have security of tenure. This means they can live in their home for as long as they wish if as long as they follow the rules of the co-op and pay their housing charge (rent). All the affairs of the Co-op are democratically controlled on the basis of one member, one vote. Monthly housing charges cover only the cost of operating the Cooperative and will not increase to cover a landlord’s profit.
As members do not own their individual units, there is no down payment required when moving in (or equity paid when moving out). A Co-op provides a community atmosphere where neighbours know each other and work together to make sure their homes are secure, affordable and well maintained.
People of all incomes, occupations and backgrounds live in the Cooperative. These diverse and vibrant communities are the unique strength of the co-op housing movement.
