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Cooperative Living

What Is Cooperative Living?

Senior housing cooperatives are established to provide an alternative lifestyle to home ownership. They are age restricted at 62+ except for cooperatives that are not HUD insured.
​
Different in nature from a house as this allows you to enjoy more free time! Sell the snow blower and lawn mower - enjoy a heated garage in the winter - and plenty of activities to stay active and connected. You'll enjoy freedom to do whatever you wanted to do rather than worry over the house maintenance issues.

Cooperatives are purposeful about creating well-designed, socially supportive, affordable environments that preserve members' financial resources and enhance their lives at the same time. Be active. Be social. Travel without worries, or stay at home and be as busy as you choose.
Use your talents in a cooperative to help make it the best it can be. Your life experience is helpful in serving on a committee, the Board of Directors, or organizing an activity at the Cooperative.

​This type of ownership provides an opportunity for members to deduct their portion of the property taxes and mortgage interest on their income tax, while sharing the load of ownership with in a not-for-profit organization controlled by the members themselves

Cooperative Living Is Affordable Quality

  • Purchase one ownership share in the Cooperative, a one-time cost scaled according to the size of home you select.
  • Pay a monthly fee which covers your portion of the cooperative's mortgage, building insurance, real estate taxes, maintenance inside and out, and reserve funding.
  • Resident owners are responsible for their own electricity and if desired, reserve parking in the heated underground garage.
​You have a vote!  Each shareholder has one vote in the election of the Board of Directors that gives the direction to the operation of the Cooperative.

Locations

Ebenezer is Minnesota’s largest senior living operator with 100 years of experience serving older adults. As part of Fairview Health Services, Ebenezer is dedicated to healing, discovering and educating for longer, healthier and meaningful lives. ​
Discrimination is Against the Law. We comply with applicable Federal civil rights laws. We do not discriminate against, exclude or treat people differently because of race, color, national origin, age, disability, sex or sexual orientation..
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Assisted Living
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resources

​Resources for seniors and caregivers

CEUs

Programs hosted through Ebenezer and our communities. ​

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Edina, MN 55439

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  • Home
  • Housing & Services
    • Locations
    • Independent Living
    • Affordable Housing
    • Cooperative Living
    • Independence Plus
    • Assisted Living >
      • What To Look For When Choosing
    • Memory Care >
      • Marysue's Blog
      • Tips For Caregivers
      • Care Partner Support Groups
      • Dimensions Program
      • Testimonials
    • Transitional Care
    • Skilled Nursing Care
    • Enhanced Care
    • Child Care
    • Stay By The Day - Short Term
  • Careers
    • Job Search
    • Working Here
    • Current Ebenezer Employee Updates
    • Career Areas
  • Resources
    • Adult Day Programs
    • Beauty and Barber Shop
    • Care At Home
    • Life Line Services
    • Fairview Home Medical Equipment
    • Fairview Partners
    • Hospice Care
    • Palliative Care Program
    • Fairview Caregiver Assurance
    • Fairview Home Care Falls Risk/Balance Program
    • Tips For Caregivers
    • Care Management Services
    • Care Partner Support Groups
    • Advance Care Planning
    • Spiritual Health
  • Blog
  • CEUs
  • Programs
    • Journey
    • Intergenerational Programming
    • Adult Day >
      • Ebenezer Ridges Adult Day Program
      • Ebenezer DayBreak Adult Day Program
      • Martin Luther Campus Adult Day Program
    • Life Long Learning
    • Deaf Services
    • Ebenezer Child Care
    • Spiritual Health
    • EverActive Exercise Classes
    • Volunteer
    • Giving To Ebenezer
  • Ebenezer Management Services
  • Fairview
  • About Us
    • Executive Team
    • Ebenezer History
    • News and Events
  • Ebenezer's Response to COVID-19