Public housing projects were the original form of government supported housing for low-income residents. Over the last fifty years many projects have struggled with high crime rates and numerous social problems. One solution proposed to address these ongoing issues is granting residents decision-making power within their community by converting into a co-operative. Building a Co-operative Community in Public Housing follows the journey of a Toronto public housing complex as it was converted into a resident-operated co-operative, a first in Canada. Jorge Sousa traces the story of Alexandra Park, which became the Atkinson Housing Co-operative in 2003 after a ten-year conversion process. Sousa, who himself was raised in the community, provides an empirical account of the contributing factors that influenced its decision to pursue community-based control, as well as the experiences of both residents and government officials engaged in this process. Finally, Building a Co-operative Community in Public Housing offers a framework for other communities facing similar circumstances who want to learn how to go about undertaking this process. All royalties from this book will be contributed to the Co-operative Housing Federation of Toronto Charitable Fund.the Cooperativea#39;s ability to rely on rental income is limited and can vary from month to month. ... corporation4 providesthe revenueforallof thefixed expenses, such asrealty taxes, in additionto the subsidyforoperating costs. ... reserve fund, which is replenishedannually from rentsand othersources ofrevenue, in orderto finance rehabilitation and maintenance. ... Ontario have been funded on an annual basis through a modernization and improvementbudget sustained byahousing authority.
|Title||:||Building a Co-operative Community in Public Housing|
|Publisher||:||University of Toronto Press - 2013-10-31|