CEHL has two co-operative housing models:
Common Equity Rental Housing Co-operative (CERC):
CERC housing co-operatives lease properties from CEHL.
Co-ops manage tenancy and maintenance under the direction of the Co-operative’s Board of Directors.
The co-op is the rental provider.
Community Managed Co-operatives (CMC):
CEHL manages the tenancies and maintenance for CMC housing co-operative properties.
Co-ops are involved in member selection, and members participate in the co-op community.
CEHL is the rental provider.
What is the difference between a CERC and a CMC?
The tow models differ in the responsibilities that are carried out by the co-op and the level of active involvement required by their members.
| Co-op Model | Member involvment | Select co-op members | Manage co-op governance | Manage tenancy & maintenance |
|---|---|---|---|---|
|
CERC |
High |
✔ |
✔ |
✔ |
|
CMC |
Medium |
✔ |
✔ |
CEHL |
