Using support from the local investors and potential residents, YorSpace intends to buy land, build homes and deliver them to communities… at cost. YorSpace believe it is important to ensure that these low cost houses stay that way, by not finding their way onto the open market.
YorSpace is a Community Benefit Society, which is a form of Cooperative. We have established the Society to further the social, economic and environmental well-being of people living (or wanting to live) in York by creating low cost, environmentally sustainable, community housing.
Our rules are available to view HERE
Membership is open to all who want to be involved in creating Community-led, not for profit housing in York and there is no geographic, income, experience or other types of qualifications necessary to becoming a Member of our Co-op.
In becoming a member you agree to our Vision, Mission & Aims as a Society, click to view HERE
YorSpace has an asset lock in its ordinances that prevents assets from being sold for the financial benefit of the Members. Therefore assets can only be disposed of for the benefit of the Community and this will only ever be decided, collectively, by our Members.
As a Community Benefit Society there is only one type of membership and this gives every member equal voting rights. By becoming a Member you become a community shareholder for which the fee is the cost of the purchase of one share. It is possible for Members to buy further community shares when available but each share holder only has one vote regardless of the number of shares a member holds..