VALLEY VILLAGE
HOUSING CO-OP
|
VALLEY VILLAGE |
|
HOUSING CO-OP |
Membership Information
ACCOMMODATION
AVAILABLE
Valley Village has 18 3-bedroom and 53 2-bedroom townhouses that feature a split-level design.
| The 2-bedroom units have approx. 950 sq. ft. of living space and the 3-bedroom units have approx. 1050 sq. ft. |
|
Each townhouse has a half basement
and a carport. |
The apartment block has 33 1-bedroom units and 27 2-bedroom units over 3 floors.
|
The 1-bedroom units have approx. 650 sq. ft. and the 2-bedroom units have approx. 800 sq. ft.
One parking space comes with each apartment, either outside or
covered. |
HOUSING
OCCUPANCY GUIDELINES
A
1 -bedroom apartment allows for one or two adults. A 2-bedroom apartment allows
for two to four adults. The 2-bedroom townhouse allows for one to two adults and
one to two children. The 3-bedroom townhouse allows for one to two adults and
two to four children.
| SHARE PURCHASE |
MINIMUM/MAXIMUM HOUSING CHARGES FROM JUNE 1, 2005 TO MAY 31, 2006 |
|||
|
The percentage of income rate is 30.0%.
|
Minimum |
Maximum |
||
|
1 bedroom apartment |
$1200. |
$270.00 |
$489.00 |
|
| 2 bedroom apartment |
$1400. |
$370.00 |
$621.00 |
|
| 2 bedroom townhouse |
$1700 |
$400.00 |
$732.00 |
|
| 3 bedroom townhouse |
$2000 |
$500.00 |
$832.00 |
|
MEMBERSHIP CONSIDERATIONS
Application
for membership in the co-op is made through the Membership Committee, which is
responsible for the allocation of vacant units to new members. Approved
guidelines are used when considering prospective members.
The
Co-op must consider many factors choosing someone, among them family size,
income with respect to subsidy availability, position on the wait list,
financial responsibility, and skills that will benefit the co-op. Due to these
factors, it sometimes takes time to be called for an interview. Please be
patient with our volunteers