ALMISE CO-OPERATIVE HOMES INC.

ALMISE Co-operative Homes Inc. provides affordable housing through a co-operative model in North York and across the GTA. The organization develops and maintains residential properties where members own shares and participate in managing their community, rather than renting from a landlord. This approach allows low and moderate-income households to build equity while living in stable, affordable homes. ALMISE works with government partners and financial institutions to acquire and develop properties, keeping housing costs significantly below market rates. Members of ALMISE co-operatives benefit from democratic governance, where residents have a voice in decisions affecting their community. The co-operative model also creates stronger neighbourhoods by fostering long-term residency and mutual support among neighbours.