Housing Cooperatives offer a unique type of home ownership. Cooperatives are not considered real property, therefore, when you buy into a cooperative, or commonly referred to as a co-op, you become a shareholder in a corporation that owns the property. As a shareholder, you are entitled to exclusive use of a unit in the community.

Cooperatives are often less expensive than apartments because they operate on a cost basis, collecting only the amount of money needed from each shareholder to operate the property and pay the outstanding bills. Cooperatives are not profit driven like traditional rentals.

Cooperatives are democratically controlled by their members. A board of directors is elected annually to serve, and they set policies and make the necessary decisions required to operate the property. Those individuals elected to serve on the board of directors are accountable to the membership. They hold regular open meetings for the members to have their voices heard in the process.

Legacy has a long and proud history of managing cooperative housing and we are honored to actively participate in both the Midwest Association of Housing Cooperatives (MAHC) and the National Association of Housing Cooperatives(NAHC).    

 


3258 Kiesel Road
Bay City, MI 48706
(989) 684-4500

bramblewoodcooperative@legacypmc.com


Centennial Farm Phase I
South Lyon, MI 48178
(248) 769-7370

jbretz@legacypmc.com


Centennial Farm Phase II
South Lyon, MI 48178
(248) 769-7370

jbretz@legacypmc.com


Colonial Acres  IV
South Lyon, MI 48178

mchapman@legacypmc.com


3818 Pleasant Grove
Lansing, MI 48910
(517) 882-4176

colonial@legacypmc.com


3471 Fairmeadow Drive S.W.
Grandville, MI 49418
(616) 530-9257

fairlanemeadows@legacypmc.com


6294 Haag Rd.
Lansing, MI 48911
(517) 882-0796

highlands@legacypmc.com


5937 Haverhill
Lansing, MI 48911
(517) 882-3461

village@legacypmc.com


Woodruff Lake Cooperatives
Brighton, MI 48116

mchapman@legacypmc.com

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