Dear Members: Welcome to the Harvard Square website! We hope that you will consider making Harvard Square your new home. You are invited and urged to take part in our Cooperative and to attend the membership meetings which are held 4 times a year. When the member Board is elected, perhaps you would like time to serve as a director. This website is designed to provide information about the Cooperative, about your townhome, and about the community. Sincerely, Jessica Lee Board President
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A cooperative is a group of people working together in a joint economic activity that is owned and operated by it's members for their mutual benefit. In a housing cooperative (or co-op), a housing development is jointly operated by it's members. They own membership certificates in the corporation, giving them the right to occupy a dwelling unit and participate in the operations of the corporation. The cooperative housing corporation owns the total property. A not-for-profit corporation.
A cooperative is a business controlled by the people who use it. it is a democratic organization whose earnings and assets belong to it's members. By patronizing and becoming an active member of the co-op, you invest yourself with the power to shape that business. You control the politics and economics of what is truly your organization