Sandy Hill Housing Co-op
701 King Edward Avenue
Written by Bytown Museum
on
03/Dec/2009
The Sandy Hill Housing Co-operative is one of nearly 1,000 co-ops that were built in the 1980s under the federal government's co-operative housing program. The 62-unit complex, stretching over a city block, opened in 1985.
Housing co-ops like this one are controlled by their residents, each with a vote in all decisions about their housing. In a typical Canadian co-op one-quarter to three-quarters of households pay a reduced monthly charge, based on their income. The others pay the full monthly charge set when the members approve the co-op’s yearly operating budget. Housing co-ops operate as close to cost as possible. The full monthly housing charge rises as the co-op’s costs increase.
Co-ops like this one in Sandy Hill play an important role in providing affordable housing for local residents.
