Vaughn Sinclair
Manager, Watonwan Farm Service, and
President of the Interim Boad of Directors,
HOMESTEAD Cooperative of St. James, Minnesota
Homestead Housing Center has suspended operations, after pioneering development of seventeen senior cooperatives in rural communities in Minnesota, Iowa, Missouri, and Wisconsin. Use this link to a list of the specific locations.
The satisfaction of purchasers and the communities has been overwhelmingly favorable. A recent study by the U. S. Department of Agriculture found that 99% of the 375+ members of these cooperatives would make the same choice again, and 97% would recommend cooperative ownership to their friends. Communities where Homestead Cooperatives were built have reported that single-family homes, freed up by seniors moving to Hometead, created some of the most affordable local family housing in recent years. And, these communities retained the resources and contributions of these critically important, long-time senior residents.
To learn more about that experience or why and how to begin this affordable housing option in your community, please visit the Senior Cooperative Network web site at:
http://www.seniorcoops.org or send e-mail to info@seniorcoops.org