55+ Active Community
What is a Cooperative? And how exactly does it work?
Often referred to as a “coop,” cooperative housing combines the financial advantages of home ownership with the convenience of community living. Designed to fit your changing lifestyle, one of the key features of a cooperative is joint ownership of the property. To that end, a cooperative is a community of active adults who own an equity share—not just a unit—in the entire community through a not-for-profit Cooperative Corporation. Each equity share is held through an official Membership Certificate upon purchase.
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The Cooperative Corporation holds title to the entire property that includes dwelling units, land and common areas, and assumes the mortgage, tax and other obligations necessary to finance and operate the facility. A cooperative is operated on a democratic basis and the governing body is its Board of Directors, which consists of elected members from the coop community. Each equity share enables members to occupy one home and receive one vote when electing the Board. The Board oversees and directs the policies, expenditures and operations of the cooperative.
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A strong commitment to community, involvement and control, and great value are the major differences between cooperatives and other housing types. The key to the cooperative’s long-term success is the control members experience with our democracy in action and fiscal responsibility. Additionally, participation by individual members toward group goals is what builds cooperative communities. Probably the greatest difference between life in cooperatives and other housing options for seniors is the attitude of the members. The attitudes of our members reflect a sense of belonging that is reminiscent of the neighborhood where they lived and raised their families.
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With all the financial benefits of home ownership—along with amenities, security and comfort of a wonderful community in a fantastic location—we hope you’ll make Trail View Cooperative your new home and start living the carefree lifestyle you want.​
Why Cooperatives make sense... and is it right for you?
When you move into Trail View Cooperative, you will discover a wonderful mix of singles and couples. People who choose to live in cooperatives typically move here to share and participate in the great lifestyle and activities within the communities.
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Members at Trail View Cooperative enjoy an active lifestyle. Because our cooperative was built with community in mind, most members spend as much time outside of their home as they do inside. Enjoy the cooperative as a working senior or as your retirement community. You will find retirement is not just television and card games, but time to share with family and new friends.
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If you’re tired of—or becoming financially strapped by—the hassles of house maintenance, surprise repairs and expensive bills, you will appreciate the extra time and money you saved to enjoy the things you love. Many of our members tell us how pleasantly surprised they were by the wonderful social opportunities the cooperative lifestyle affords—a benefit of lasting value! Best of all, it’s your time and your choice, so you choose your own desired level of participation as our members respect one another’s privacy while supporting each other as a community of neighbors.
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If you value a worry-free lifestyle and financial position, staying active and socializing with your peers, having a voice in your community, doing away with home maintenance along with unexpected repair bills, and living this special time of your life to the fullest in a beautiful and secure setting, then your decision to become a member of Trail View Cooperative will be the right one.