Membership

Discover the Benefits of Cooperative Living

At Independence Square Townhouses, we believe a strong community begins with a place you are proud to call home. Our cooperative offers members an affordable housing opportunity that combines the benefits of shared ownership with a welcoming, community-focused environment.

As a member, you become part of a cooperative where residents share a commitment to maintaining a safe, attractive, and well-managed community. Monthly carrying charges help support essential services, including water, sewer, trash collection, property maintenance, and the ongoing operation of the cooperative.

With a variety of townhouse floor plans and opportunities to personalize your living space in accordance with cooperative guidelines, Independence Square offers a comfortable place for individuals and families to call home.

Understanding Cooperative Ownership

Cooperative housing is different from traditional homeownership or renting. Rather than purchasing an individual townhouse, members purchase a membership interest in the cooperative corporation, which owns and maintains the community.

Membership provides the right to occupy a designated townhouse under the cooperative’s Occupancy Agreement, bylaws, and established rules and regulations.

Benefits of cooperative living include:

• Affordable Housing: Cooperative ownership provides an alternative to traditional homeownership.
• Shared Maintenance Responsibilities: Monthly carrying charges contribute toward maintaining the property, common areas, and essential community services.
• Member Participation: Members have opportunities to participate in cooperative decisions, including voting on matters governed by the bylaws.
• Community Stability: Shared responsibilities and established community standards help protect the cooperative’s long-term success.
• A Sense of Belonging: Members are part of a community that values cooperation, respect, and neighborhood involvement.

More Than a Home — A Community

Cooperative living encourages members to take an active role in shaping the future of their community. Through participation, shared responsibility, and open communication, we work together to preserve the quality, affordability, and long-term success of Independence Square Townhouses.

We invite you to explore our membership opportunities and discover what makes Independence Square a special place to call home.