Better Interventions Hinge on a Better Understanding
The Survey of Housing Cooperatives / Interviews With Members of Cooperatives
Click CO-OP HOUSING RESEARCH HIGHLIGHT 4-Page PDF
Page 2, Paragraph 3 and 4 - Ken quotes from the 4-page PDF:
..."Only one of the 12 cooperatives had not gone through a crisis."..."Ten of the others have experienced and are still experiencing associative difficulty's, attributable to poor management, collusion, lack of interest and lack of competencies."
"The problems raised are similar and include a lack of Participation, a lack of competencies, little interest in training, no understanding of the Cooperative formula (a tenant's mentality), a non-existent, inadequate or a disregarded management structure, a lack or improper exercise of leadership, interpersonal conflicts, multicultural prejudices and challenges, abuses of power, cliques, favoritism and fraud, not to mention social problems such as prostitution and drug abuse."
In Ken's view, the problems raised in the survey of non-profit housing cooperatives can apply to all co-ops, regardless of geographical location, scale, professional management services and other stakeholders.
Non-profit co-ops are vulnerable by their very nature, as there are No Owners and No Boss. Most individual non-profit co-op stakeholders are less concerned about the governance and management of these types of co-ops when it is not their own money at risk.
The Evolution of Member Conflict in Housing Cooperatives is a CMHC sponsored Report that was released in March 1993 as a 97 page PDF
Some other key factors that can contribute to the failure of Co-ops may also include stakeholder personal self-interest, pandering and lack of individual member engagement in the management of co-ops. Access links for info :: Stakeholders that pander at CHF Canada member housing co-ops :: Poor member engagement at CHF Canada member co-ops And Co-op housing millions down the drain
Some examples of co-op housing that may characterize the Research Highlight's can be viewed in CHIE Blogs, Ken's Site or news articles such as Crystal Heights, Sand Hills, North End United, Thornhill Green, Bridlewood, Matthew Way, Gateway, Tanglewood Orchard, Topshee, McIntosh Run, Whitehorse, Inukshuk, and Native Inter-Tribal Co-ops, etc.
Some Co-ops placed into receivership and foreclosure include: Crystal Heights co-op, Thornhill Green co-op, North End United co-op, Matthew Way co-op and Bridlewood co-op...In Ken's view, Thornhill Green co-op and North End United co-op Court documents... shared the most information in public view, and Bridlewood co-op Court documents... shared the least information in regards to CHF Canada's takeover and purchase of Bridlewood co-op.
Across the United States, the same type of inherent problems can exist with some housing co-operatives that include New York City. Some Examples are linked :: Some HDFC Housing Cooperatives, Some co-ops owe so much money that they are at risk of being forclosed records show, Lindsay Park Co-Op, and Co-Op City that has some 50,000 units
IN THE MATTER OF NON-PROFIT HOUSING CO-OPS IN CANADA
In Zimbabwe, on July 16, 2015, the Financial Gazette exposed fraud at housing co-operatives. Some excerpts from article - "A PARLIAMENTARY committee investigating the impact of housing co-operatives in a national housing development has exposed shocking evidence of abuse"...
"The rot in administration at Herbert Chitepo Co-operative epitomes mismanagement that has characterized housing housing co-operatives across the country, which has forced the ministry to contemplate setting up a tribunal to handle the flood of conflicts."...CLICK HERE for more information
Imagine the problems with poor governance & management of these co-ops prior to some of these co-op's placed into receivership and then face foreclosure!
A co-op has never been in receivership or foreclosure, but more information is shared by Ken about this co-op than all of the above noted housing co-ops combined!
A CO-OP HORROR STORY AT CO-OPERATIVE HOMES INC.
Information may be revised or deleted without prior notification
Ken Hummel, Administrator, CHIE