Who We Are, And Why You Should Join
The Massachusetts Association of Housing Cooperatives (MAHC) seeks to broaden the awareness of cooperatives among all stakeholders in Massachusetts. MAHC will provide information and services to current housing cooperatives and make the entire community aware of the benefits of this form of housing.
In addition, MAHC will strive to improve the status of cooperatives in the Commonwealth by:
• working with government regulators at both state and local levels to improve opportunities and remove obstacles.
• advancing legislation which would be helpful to Cooperatives (Boston residential real estate tax exemption more readily accessible to Cooperatives, as one example), and deterring adverse legislation.
• creating a large “tent” of cooperatives to assist in the formation of new cooperatives.
MAHC is an outgrowth of the efforts in recent years to turn back legislation which would have restricted housing cooperatives, requiring them to comply with rules that no other form of housing is burdened by. This campaign was difficult but successful, and included the retention of an experienced lobbyist. Despite this success, cooperatives need to be constantly vigilant to avoid future threats.
MAHC is a not-for-profit “Section 501(c)(4)“organization which seeks membership from ALL branches of the housing cooperative world such as high-end market-rate cooperatives like 1010 Memorial Drive, other market rate cooperatives like Jamaicaway Tower, and artists’ and limited equity cooperatives, among others. The designation of 501(c)(4) grants MAHC the right to engage in political advocacy as needed.
MAHC was legally formed in 2014 and is administered by a Board which meets monthly. By design, dues have been set at an affordable rate for all cooperatives - $5 per apartment in the cooperative.
Some benefits of membership:
• Individuals who are involved with established cooperatives can exchange information, and also provide advice to new cooperatives or small cooperatives about how to manage their affairs.
• There is also the possibility that a large MAHC might be able to provide “purchasing power” for services and products, and encourage more banks to extend financing to cooperative purchasers and owners, as well as other financially beneficial opportunities.
• A greater presence in the State Legislature and Boston City Hall, partly to promote favorable legislation and also to oppose adverse legislation.
We welcome your participation as a member of MAHC.