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A housing Co-Op is group of people who cooperatively own an asset, in this case, a multi-unit residential building. The building could be a new build, a take-over of existing units, or a conversion/renovation from a commercial building... The typical housing co-op uses a "non-profit" model which works well to keep housing affordable. Unfortunately, this "non-profit" model prohibits member from any kind of profit from the project. This means that the low income member is not able to participate in the appreciating real estate market... Victoria FOR-Profit or Equity Housing Co-Op Micro-Condo