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About

Built for the people who love it here.


Old Town Cooperative is a brand-new member-owned housing community coming to the heart of old town. We're keeping the neighborhood's character — and letting the people who live here have a real say in what happens to it.

Exterior of Old Town Cooperative — a three-story navy clapboard building with the cooperative wordmark on the facade

Old Town Cooperative — 24 charter homes opening in 2026

What is a Cooperative?

Ownership without the mortgage.


A housing cooperative sits between renting and owning. Members purchase a share in the corporation that owns the buildings. That share gives you the right to occupy your home — plus a real vote in how the community is run.

Carrying charges (the monthly cost) stay predictable because the members set the budget. Maintenance is shared. Decisions about the property are made by the people who live in it, not a distant landlord.

The result is the kind of housing stability most renters never get — without the down payment, paperwork, and risk that come with buying a home outright.

Two-story interior of a cooperative home
The Vision

A neighborhood that holds onto its own.


Old Town has always had character — the kind that doesn't survive a wave of investment buyers and quarterly rent hikes. The cooperative is our answer: a way for the people who already love this neighborhood to keep living in it.

We're starting with twenty-four homes. They're fully renovated. They're priced to be a real option for working households. And they're owned by the people in them, together.

The goal isn't to be the cheapest housing in town or the fanciest. It's to be the most rooted — a place where neighbors stay long enough to actually become neighbors.

Bright cooperative living room
Who It's For

The cooperative is built for people who…


Want stable housing

Predictable monthly costs, no surprise rent increases, and a long-term home you don't have to renegotiate every year.

Want a voice

You'll vote in member meetings, help shape the bylaws, and have a real say in how the cooperative is run.

Want community

Neighbors who stick around. Shared spaces that get used. Small daily moments of recognition on the front walk.

Our Principles

The values the cooperative is built on.


I

Member-owned, member-run

Every member holds an equal vote. The board is elected from and by members. The cooperative answers to the people who live in it.

II

Stable, not speculative

Share prices and carrying charges are set to keep housing accessible long-term — not to maximize resale value.

III

Open to all

The cooperative welcomes applicants regardless of race, color, religion, sex, familial status, national origin, age, or disability. Equal Housing Opportunity.

IV

Rooted in old town

We exist to keep this neighborhood the kind of place people stay. Every decision is weighed against that.

Get involved

Become part of how the cooperative starts.


The founding members of Old Town Cooperative will shape its bylaws, its culture, and its first decade. There are only twenty-four spots.

Apply for MembershipSee the Homes