Vintage Cooperatives of Coralville
A housing cooperative is joint ownership in a housing development in which members own a share. Members or share owners are a part of The Cooperative, an incorporated business, which owns the building, land and common areas. The value of the share is based on the size and type of home. Members pay a monthly fee, which is used to cover The Cooperative’s monthly operating costs, including principle, interest, taxes, reserves, maintenance and utilities. Vintage Cooperative of Coralville is operated by its members, through a member elected Board of Directors.