NASCO Co-op Organizer's Handbook

The NASCO Cooperative Organizer's Handbook is published by NASCO (North American Students of Cooperation), an organization that supports cooperative housing initiatives across North America. The handbook serves as a comprehensive guide for individuals and groups interested in establishing housing cooperatives, particularly in academic and community contexts, emphasizing sustainability and collective ownership.

The handbook outlines the cooperative movement's foundational principles, rooted in the Rochdale Principles, which emphasize voluntary membership, democratic control, member economic participation, autonomy, education, cooperation among cooperatives, and community concern. These principles aim to create a socially responsible and financially accessible housing sector.

Starting a housing cooperative involves five key steps: creating a shared vision, developing tangible plans, forming a legal entity, acquiring property, and beginning operations. The handbook provides detailed guidance on each step, highlighting the importance of community involvement and cooperation.

The first step in establishing a co-op is to identify and articulate the shared housing needs of the community. Organizers are encouraged to form a dedicated core group and engage in discussions about their goals and values, setting a solid foundation for the cooperative's mission.

Creating a legal entity is crucial for protecting members and ensuring the cooperative operates within legal parameters. This involves drafting Articles of Incorporation and Bylaws, which define the governance structure and responsibilities of members. The handbook emphasizes the importance of inclusivity in this process to foster a sense of ownership among members.

The handbook discusses various strategies for acquiring property, including leasing and purchasing. Leasing can serve as a stepping stone for new cooperatives, allowing them to establish operations before making long-term commitments. It also highlights the significance of conducting thorough research on local housing markets and zoning regulations to identify suitable properties.

Financing remains a significant challenge for new cooperatives. The handbook outlines various funding options, including mortgages, member investments, and community resources. It emphasizes the importance of developing a solid financial plan that balances income and expenses to ensure sustainability.

Engaging with the wider community is essential for building support and resources for the cooperative. The handbook encourages organizers to leverage partnerships with local organizations, universities, and government agencies to enhance their initiatives. Hosting social and educational events can serve as effective outreach strategies to garner interest in cooperative housing.

The NASCO Cooperative Organizer's Handbook emphasizes the role of housing cooperatives in promoting sustainable living practices and addressing affordable housing challenges. By fostering collaboration and member empowerment, cooperatives contribute to community resilience and social equity, making them a vital component of sustainable housing initiatives across Europe and beyond.

For further information and resources, the handbook provides links to relevant tools, templates, and organizations that support cooperative housing development. This comprehensive guide serves as an invaluable resource for individuals and groups committed to creating sustainable and inclusive housing solutions.