Read about how successful these members have been!
Attend one of our informational HopeBuilders breakfasts to learn more about the Champlain Housing Trust and the affordable housing work we do in northwestern Vermont.
Cooperative Housing Program
In a housing cooperative ‘the members are the landlord.’ Members work together to keep their property and their community running well. The aspect of shared control and responsibility makes co-ops different from renting or owning.
Co-op housing isn’t for everyone, but it’s ideal for people who want to be involved with their neighbors in creating community.
Financially, joining a co-op is like renting -- members do not buy any real estate. The level of security, control, and responsibility involved in co-op living amounts to an ‘ownership mindset’ without the financial investment of buying a home. The aspect of members working together is unique to cooperatives.
CHT Co-ops at a glance:
We have five co-ops in the Burlington area with a total of 81 apartments. We are developing a new co-op on Bright Street in Burlington's Old North End, with 42 apartments and townhomes. It is tentatively expected to open in the summer of 2015 and we have started a waitlist for it.
FAQ About the Co-ops:
Q: How often are there openings at the co-ops?
A: We see an average of 6 to 8 vacancies a year among all the co-ops. Since openings are hard to predict, people who need housing within a few months should also look for rentals and think of the co-ops as a longer-term option.
Q: What qualities do co-ops look for in their members?
A: Co-ops look for people who enjoy working with others and who bring a good approach to problem-solving and social interaction.
Q: How much time do members have to commit to co-op work?
A: Members may spend 5 to 15 hours a month on their co-op duties, depending on the roles they take on.
- Bright Street Co-op
- Flynn Avenue Co-op
- House of Hildegard Co-op
- Queensbury Housing Co-op
- Rose Street Artists' Co-op
- Thelma Maple Housing Co-op