What is a cooperative?
Our Communities Are Resident-Owned
In a resident-owned community (ROC), the people who live there collectively own the land and make the decisions together. There’s no outside landlord or investor setting the rules or raising costs to make a profit. Instead, residents elect a board from within the community, vote on major decisions, and work together to keep the neighborhood stable, affordable, and well-maintained.
Explore the Benefits of Co-op Living
Because the community is owned by its residents and supported by CoNorth Business Advisors, costs are more predictable, improvements are made with long-term well-being in mind, and decisions reflect what neighbors actually need. Residents have the peace of mind from knowing your community is guided by people’s needs—not profits.
Resident-Owned Communities
Owned by the people who live there
Decisions made by residents through voting and an elected board
Focused on long-term stability and affordability
Lot rent increases are driven by actual costs and community needs
Improvements planned for long-term community benefit
Greater transparency in finances and decision-making
Stronger sense of community and shared responsibility
Security from sudden sale or redevelopment
For-Profit Communities
Owned by private investors or corporations
Decisions made by owners who do not live in the community
Focused on maximizing profit and returns
Lot rent increases often driven by profit goals
Improvements made when they increase profitability
Limited transparency for residents
Residents are tenants with little control
Risk of ownership changes and profit-driven decisions
