Frequently Asked Questions. |
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Q: What is a Cooperative?
A: A housing cooperative, or co-op, is a legal entity which owns real estate consisting of one or more residential buildings; Dravosburg Housing Association (est. 1955) is a not-for-profit corporation that is collectively owned and managed by its membership. Each member owns a share in the corporation, which entitles that member’s household to occupy a specific unit and to have a vote in the corporation. Another key element is that the members, through their elected representatives, screen and select who may live in the cooperative, unlike any other form of home ownership. Benefits to membership include real estate tax deductions, member participation and control, quality property maintenance, and being a part of a stable and long-established community. Please CLICK HERE to learn more
Q: How is Dravosburg Housing Association managed?
A: We are governed by a seven-member volunteer Board of Directors comprising residents elected from the entire membership. The Board of Directors meets once each month. Full membership meetings are held semi-annually.
Q: What is the Pet Policy?
A: We only allow pets with "fins and feathers."
A: A housing cooperative, or co-op, is a legal entity which owns real estate consisting of one or more residential buildings; Dravosburg Housing Association (est. 1955) is a not-for-profit corporation that is collectively owned and managed by its membership. Each member owns a share in the corporation, which entitles that member’s household to occupy a specific unit and to have a vote in the corporation. Another key element is that the members, through their elected representatives, screen and select who may live in the cooperative, unlike any other form of home ownership. Benefits to membership include real estate tax deductions, member participation and control, quality property maintenance, and being a part of a stable and long-established community. Please CLICK HERE to learn more
Q: How is Dravosburg Housing Association managed?
A: We are governed by a seven-member volunteer Board of Directors comprising residents elected from the entire membership. The Board of Directors meets once each month. Full membership meetings are held semi-annually.
Q: What is the Pet Policy?
A: We only allow pets with "fins and feathers."