Cooperative Housing Blog
NAHC’s Cooperative Housing Blog addresses hot topics for professionals in the housing cooperative industry. Legal issues, governance, development, tax tips and more are all up for discussion. Stand with NAHC at the forefront of cooperative housing issues to keep the conversation going!
How to Streamline the Process of Collecting Carrying Charges
by Creighton Gallup | February 27, 2020 | Financial Issues
This may be the most obvious observation in the world: Members staying current on their carrying charges are essential to the lifeblood of the cooperative corporation. Without them, you are in big trouble. It seems so fundamental, but our office still sees frequent issues, popping up on a daily basis and we thought this was […]
Cook County Mandates Immediate Changes In The Application Process Regarding Felons
by Kerry L. Morgan | February 20, 2020 | Legal Advice
New Law, New Process Is your Cooperative in compliance with changes in the application process mandated by Cook County? If your current application process considers criminal convictions along with income, prior occupancy, and other qualification matters, then that process violates Cook County law according to the Just Housing Amendment to the Human Rights Ordinance All […]
More Doggone Trouble for Housing Cooperatives
by Kerry L. Morgan | February 20, 2020 | Legal Advice
Is That Cute Dog A Monster in Disguise? In the past, many cooperative housing providers prohibited pets. This policy resonated with its members who were tired of living next door to other members with barking dogs or caterwauling cats. Yet, federal and state law now require cooperative housing providers allow assistance animals. Assistance animals are […]
Is Nepotism Effecting Your Cooperative?
by April Knoch | December 21, 2019 | Legal Advice
All housing cooperatives either have a requirement that all members of the Board are to also be members of the corporation, or, that at least a majority of the Board must be members of the corporation. Not all housing cooperatives, however, have any requirement when it comes to how the members themselves are qualified to […]
Policy Bites: Why Cooperatives Should Adopt Ethics and Confidentiality Agreements for their Board of Directors.
by Matthew T. Nicols | November 19, 2019 | Legal Advice
Many of us already know that housing cooperatives are made up of the entire membership. By this token, cooperatives are inherently diverse. Since a cooperative’s Board of Directors typically consists of a group of members elected by the entire membership, its Directors are usually equally diverse and important as the entire membership that makes up […]
