NASCO Co-op Organizer's Handbook

The NASCO Cooperative Organizer's Handbook, published by NASCO, serves as a comprehensive guide aimed at individuals and groups interested in establishing housing cooperatives. The fourth edition has been revised for accessibility and clarity, providing essential information on creating sustainable housing through cooperative models. NASCO, known for its commitment to cooperative education and development, has been a pivotal resource for those engaged in community-based housing solutions.

The handbook emphasizes the cooperative principles that underpin the movement, including voluntary membership, democratic member control, and community concern. These principles are integral in fostering an environment where housing is affordable and accessible, particularly for low-income communities, students, and marginalized groups. The cooperative model promotes sustainability by emphasizing local control and economic participation.

The resource outlines five key steps to launching a housing cooperative: creating a shared vision, developing tangible plans, forming a legal entity, acquiring property, and beginning operations. Each step is designed to empower members to take control of their living situations, ensuring that housing remains affordable and responsive to community needs.

Incorporation is highlighted as a vital step for establishing a cooperative legally. This process protects members from personal liability and allows the cooperative to enter into contracts, obtain loans, and manage properties effectively. The handbook provides detailed guidance on forming a non-profit or cooperative corporation, including necessary documentation like Articles of Incorporation and Bylaws.

The handbook discusses various strategies for acquiring property, including leasing and purchasing. Leasing can serve as a viable starting point, allowing groups to build organizational capacity and community while reducing upfront costs. Furthermore, it emphasizes the importance of conducting thorough market and community research to identify suitable locations for housing cooperatives.

Financing remains a significant hurdle for many cooperatives. The handbook outlines diverse funding avenues, including member investments, traditional loans, and grants from government and nonprofit organizations. NASCO Development Services is introduced as a key partner in securing funding, offering technical assistance throughout the development process.

The resource stresses the importance of community involvement in the cooperative development process. Engaging local residents can foster support and create a sense of ownership among members. The handbook encourages cooperative organizers to host educational and social events to boost awareness and attract potential members.

In conclusion, the NASCO Cooperative Organizer's Handbook is a vital resource for those interested in sustainable housing solutions through cooperative models. By adhering to cooperative principles and focusing on community engagement, the handbook aims to empower individuals and groups to create affordable, sustainable housing that meets the needs of diverse populations.