HOUSING COOPERATIVES
There are many forms of Cooperatives, some dating back as far back as the mid-1800's. The first cooperatives were formed in the United Kingdom. It is reported that the first cooperative recorded was in the "Industrial Revolution" Mill Town of New Lanark in Scotland (the "New Town" has been preserved in all its' glory).
Cooperatives exist throughout the World. Check out information on Cooperatives in Europe and North America by region at: http://www.coop.org/welcome.htm or visit the Co-operative Housing Federation of Canada at: http://www.chfc.ca
Cooperatives by nature are Non Profit. A Cooperative is formed to provide a Service to its Members, not to generate profit and income. Normally, any "surplus" in operations is returned to the user of the service (Members) by way of a dividend.
The Housing Co-ops listed on our "Home Page" were either developed by Acorn or managed by Murdoch (or both). If you care to contact us regarding any of these Housing Cooperatives, please feel free to do so.
Murdoch Management is a member of the Cooperative Housing Federation of Canada www.chfc.ca
Seven Oaks Village Co-op, Winnipeg, Manitoba