About Chegogginchi
Chegoggin Co-op is a housing co-op, which is an organization controlled by it's members. The co-operative operates democratically to make decisions. Each member has a vote, has the right to be informed about what is going on in the Co-op and the right to stand for election to the Board of Directors
What’s the Difference Between Co-op Housing and Regular Rental Housing?
1.Member Ownership & Decision-Making : In a co-op, there is no landlord. Members collectively own and manage the property. Each member has one vote, and together they elect a Board of Directors annually to oversee operations. Major decisions—such as maintenance, budgeting, and community policies—are made democratically by the members, ensuring transparency and fairness.
2. Secure & Stable Housing : Co-op members enjoy long-term housing stability. You can only be asked to leave if you violate the co-op’s by-laws. Since co-ops can’t be sold or flipped for profit, families can stay for years, building deep roots in the community without fear of sudden eviction or drastic rent hikes.
3. Non-Profit & Affordable : Unlike rental housing, where landlords increase rents to maximize profits, co-ops like Chegogginchi are non-profit organizations. While housing charges may rise over time to cover operating costs, they reflect true expenses—not profit margins. Members review finances and vote on the budget, keeping housing affordable and sustainable.
4. Community & Support Network : Living at Chegogginchi Co-op Housing fosters a strong sense of community. Members work together to maintain their homes and support one another. In regions like Peel-Halton, multiple co-ops form federations, sharing resources, knowledge, and guidance to strengthen the co-op movement.