What is Co-operative Housing?

Co-operative housing offers a unique way of living that blends community, security, and shared responsibility. At Rougemount Co-op, we take pride in being more than just a collection of homes—we are a community within a community, where every member has a voice and plays a vital role in shaping our shared future.

A Community-Owned and Operated Model

Unlike traditional housing, co-operative living is built on democratic management. As a member of Rougemount Co-op, you’re not just a resident—you’re a part-owner of our community. Members elect a board of directors from within the co-op to oversee daily operations, guided by our Charter, Bylaws, and Policies. This ensures that decisions are made for the benefit of everyone and reflect the needs of our diverse community.

More Than Just a Place to Live

Co-operative living fosters a sense of belonging and shared responsibility that sets it apart from other housing options. As a co-op member, you gain access to:

• Security of Tenure: Live in your home as long as you follow the co-op’s rules and contribute your housing charge (rent).
• Active Participation: Have a say in decisions that affect your home and community.
• Democratic Rights: Vote on important matters like the annual budget and the election of the board of directors.
• Financial Transparency: Access detailed financial statements that show how the co-op uses its funds.

A Community Built on Diversity and Inclusion

At Rougemount, we celebrate diversity. Our community brings together individuals and families of different backgrounds, incomes, abilities, and life experiences. This rich tapestry of people is the heart of co-op living, creating a vibrant and welcoming environment where everyone contributes in their own way.

The Co-op Advantage

Living in a housing co-op like Rougemount means:

• You’re not just paying rent—you’re investing in a community.
• You enjoy a sense of stability and empowerment.
• You have the opportunity to shape the future of your home and the broader co-op community.

Rights and Responsibilities of Co-op Members

As a member of Rougemount Co-op, you share in both the benefits and the responsibilities of co-operative living: