Life Style, Inc.
Senior Cooperative Housing
Realife Cooperative of Waseca
1212 3rd St NE, Waseca, MN, 56093
Distance: 0 Miles
(507) 835-5872
info@realifewaseca.com
http://www.realifewaseca.com/index.html
Service Details
Description
Cooperative housing provides full apartment or townhouse living. Cooperative housing is owned and managed by the people who live there. Members own a share of the property and the right to occupy a unit in the building.
Additional Information
Provides one- and two-bedroom apartments for seniors
Features
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Area Served by County
- Waseca County
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Housing Unit Types
- 1 bedroom unit
- 2 bedroom unit
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Specialization
- Older adults
Eligibility
Seniors 62 and older
Area Served
Waseca County
Websites
Phone Numbers
| Type | Number | Hours |
|---|---|---|
| Main | (507) 451-8524 |
Last Update
9/30/2024
Other Locations
This provider does not offer this service at other locations.
Other Services or resources
This provider does not offer other services or resources at this location.
Taxonomy Terms Used: Clicking a taxonomy term from the list below launches a new search.
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BH-7000.8100-300Limited Equity Housing Cooperatives Definition
Apartment or condominium complexes or other housing facilities that are owned and administered collectively by the people who live there. A nonprofit corporation is set up to own and manage a building and the land on which it is located. Cooperative members do not own a particular part of the building and/or land, but own a share of stock in the project and the right to occupy a unit there. New residents are screened and selected by current residents and all pay equal shares of the cost of housing. Some housing cooperatives set aside a certain number of units for low-income people. Lower turnover rates, lower real estate tax assessments (in some local areas), controlled maintenance costs, and resident participation and control are some of the benefits of choosing cooperative homeownership. There are also personal income tax advantages.
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YB-8000Older Adults Definition
Individuals who are age 50, 55, 60, 62 or 65 or older depending on the minimum age for qualifying as an older adult which varies by program.