Norris Cres' Housing Co-op Ltd
Norris Crescent Housing Co-op Ltd, located in Toronto, operates under the Cooperative Corporations Act of Ontario, positioning its residents as members rather than tenants. The cooperative is managed by a Board of Directors elected by the members, ensuring that the community is governed by those who live there.
Focused on providing affordable housing, Norris Crescent charges its members only enough to cover costs, repairs, and reserves, rather than pursuing profit. The cooperative maintains a waiting list for membership applications and emphasizes member participation and responsibility in community upkeep and governance.
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