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Building cooperative
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{{Unreferenced|date=December 2009}} {{Expand Ukrainian |date=January 2025}} {{Distinguish|building society|housing cooperative}} A '''building co-operative''' is a [[housing cooperative|co-operative housing]] corporation where individuals or families work together to directly construct their own homes in a cooperative fashion. Members of this type of co-operative purchase [[building material]]s in bulk and co-operate with other members of the co-op during the construction phase of the co-operative. When the housing has been completed the members usually [[home ownership|own]] their homes directly. In some cases, roads, parkland and community facilities continue to be owned by the co-operative. ==History== Building co-ops were extremely popular in many parts of [[Canada]] from the 1930s to the 1960s. Father [[Jimmy Tompkins (priest)|James (Jimmy) Tompkins]] and Dr. [[Moses Coady]] were key organizers in [[Nova Scotia]] of the first building co-operatives. Through active local study groups they began research on co-operatives and developed a concept of how a building co-op could work. In 1936, Father Tompkins helped found the first self-help building co-operative in North America near Glace Bay (Reserve Mines), Nova Scotia, Canada. A group of coal miners formed a [[housing cooperative]] with a loan of CAN $22,000. The housing loan was used to pay for building materials. Each miner's personal contribution consisted of his labor or "[[sweat equity]]". The miners worked together to build eleven homes which they moved into in 1938. These homes continue to be occupied today at [[Tompkinsville, Nova Scotia|Tompkinsville]]. ==References== {{reflist}} {{Co-operatives |types}} {{DEFAULTSORT:Building Cooperative}} [[Category:Cooperatives]] [[Category:Building|cooperative]] [[Category:Living arrangements]]
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