What is a cooperative?

A Village Cooperative is a different way to own your next home.

Instead of purchasing a condo or paying rent in an apartment, you purchase an ownership share in the entire community. That share gives you the exclusive right to live in your home while also making you a member of the cooperative.

Think of it this way: you don't just own four walls—you own a piece of the whole community.

Like homeownership, your equity belongs to you. Unlike traditional homeownership, exterior maintenance, lawn care, snow removal, and the day-to-day management of the property are handled for you, giving you more time to enjoy life.

With all the financial benefits of home ownership—along with amenities, security and comfort of a wonderful community in a fantastic location—we hope you’ll make Village Cooperative your new home and start living the carefree lifestyle you want.

How does it work?

When you become a member, you purchase an equity share in the cooperative. In return, you receive:

• The exclusive right to live in your home.
• A voice in how the community is governed.
• An ownership interest in the entire property, including the common spaces and amenities.

The cooperative itself owns and operates the building through a not-for-profit corporation. Members elect a Board of Directors from within the community to oversee finances, policies, and long-term decisions.

Every member has one vote, and every member has a stake in protecting the community for years to come.

Why people choose cooperative living?

People often tell us they were looking for something that felt more like home than traditional senior housing.

A cooperative offers many of the financial benefits of homeownership without many of the responsibilities. It also creates something that's hard to find elsewhere: neighbors who are owners, not just residents.

Because everyone has invested in the community, members take pride in where they live and have a say in its future. That ownership creates a stronger sense of community, accountability, and belonging.

A simpler, more enjoyable way to live.

Village Cooperative combines the freedom of homeownership with the convenience of maintenance-free living.

You keep your independence, enjoy your own private home, and become part of a community designed for the next chapter of life.