Joining the Co-op

When there is a vacancy in the co-op, the current members advertise the opening and interview prospective members, based on a review of applications submitted. Click Here  to go to the co-op’s membership application form.  Click Here to see the list of membership interview questions.

If approved for membership, the new member(s) will provide a ‘transfer value’ payment of $2,000 (per apartment) to the co-op.  Later, when members leave the co-op, the departing member(s) will get back that $2,000, contingent upon the apartment being left in good condition.

A zero-interest loan program is available for new members to borrow up to $1,500 of the required transfer value, to be repaid over a period of three years.  The dollars in this loan fund are provided by Common Wealth and Ridge Side Co-op administers the fund on behalf of Common Wealth.  Having access to these dollars has proven a vital element so that co-op is able to meet its goal to serve people of low and moderate incomes.  Click Here to go to the co-op’s loan application form.