{"id":409,"date":"2016-06-13T16:43:02","date_gmt":"2016-06-13T20:43:02","guid":{"rendered":"http:\/\/www.stillcreekcoop.com\/coop\/?page_id=409"},"modified":"2024-05-05T11:40:35","modified_gmt":"2024-05-05T18:40:35","slug":"faq","status":"publish","type":"page","link":"https:\/\/www.stillcreekcoop.com\/coop\/faq\/","title":{"rendered":"FAQ"},"content":{"rendered":"<h2 class=\"title\">Frequently Asked\u00a0Questions:<\/h2>\n<p style=\"text-align: center;\">_______________________________________________<\/p>\n<p style=\"text-align: center;\"><span style=\"color: #ffffff;\">____<\/span><\/p>\n<h4><span style=\"color: #75491c;\"><i class=\"icon-quote-left\" style=\"font-size:14px; color:#800000;\"><\/i> \u00a0 \u00a0\u00a0<\/span><span style=\"color: #664022;\"><em>How long will I have to wait to get into a co-op?<\/em><\/span>\u00a0 \u00a0 \u00a0<span style=\"color: #75491c;\"><i class=\"icon-quote-right\" style=\"font-size:14px; color:#800000;\"><\/i><\/span><\/h4>\n<h5>After applying, it generally takes three months to three years to get into most co-ops. Some co-ops are not accepting applications. Those applying for subsidy have a longer wait than those paying the market housing charge.<\/h5>\n<h4><span style=\"color: #75491c;\"><i class=\"icon-quote-left\" style=\"font-size:14px; color:#800000;\"><\/i><\/span>\u00a0 \u00a0 \u00a0<span style=\"color: #75491c;\"><em>Who lives in co-ops?<\/em><\/span><span style=\"color: #75491c;\"><em> \u00a0<\/em><\/span>\u00a0 \u00a0<span style=\"color: #75491c;\"><i class=\"icon-quote-right\" style=\"font-size:14px; color:#800000;\"><\/i><\/span><\/h4>\n<h5>Non-profit housing co-ops are mixed communities run by the members. Members of housing co-ops come from a variety of backgrounds and have a wide range of incomes. Some members pay a full housing charge. This is often called a &#8220;market&#8221; housing charge. Other members with lower incomes pay less. This is called a subsidized housing charge. Some units in most every non-profit co-op are subsidized.<\/h5>\n<h4><span style=\"color: #75491c;\"><i class=\"icon-quote-left\" style=\"font-size:14px; color:#800000;\"><\/i><\/span> \u00a0 \u00a0 <span style=\"color: #75491c;\"><em>What is subsidy? \u00a0<\/em><\/span>\u00a0 \u00a0<span style=\"color: #75491c;\"><i class=\"icon-quote-right\" style=\"font-size:14px; color:#800000;\"><\/i><\/span><\/h4>\n<h5>Most non-profit housing co-ops receive money from the government (federal or provincial) to help house some low-income members. The housing charge for these units is adjusted to the household\u2019s income. This is often referred to as &#8220;rent-geared-to-income&#8221; or &#8220;RGI&#8221; or a subsidized housing charge. The subsidy makes up the difference between what the member pays and the co-op\u2019s normal housing charge. The amount of subsidy is limited. When a co-op\u2019s operating agreement with government ends, the subsidy will also end. Co-ops have to start planning for that future.<\/h5>\n<h4><span style=\"color: #664022;\"><i class=\"icon-quote-left\" style=\"font-size:14px; color:#800000;\"><\/i> \u00a0 \u00a0 <em>What is a monthly housing charge? \u00a0 \u00a0\u00a0<\/em><\/span><span style=\"color: #75491c;\"><i class=\"icon-quote-right\" style=\"font-size:14px; color:#800000;\"><\/i><\/span><\/h4>\n<h5>A monthly housing charge is like rent. It\u2019s what the members pay each month to live in the co-op. \u00a0This covers the operating cost of running the co-op.<\/h5>\n<h4 class=\"faq-question\"><span style=\"color: #664022;\"><i class=\"icon-quote-left\" style=\"font-size:14px; color:#800000;\"><\/i> \u00a0 \u00a0 <\/span><span style=\"color: #664022;\"><em>Are co-ops low income housing? \u00a0 \u00a0\u00a0<\/em><\/span><span style=\"color: #75491c;\"><i class=\"icon-quote-right\" style=\"font-size:14px; color:#800000;\"><\/i><\/span><\/h4>\n<h5><span style=\"color: #333333;\">No, co-ops are mixed income communities for people of all income levels. Generally, co-ops house people of low and moderate incomes.<\/span><\/h5>\n<p style=\"text-align: center;\">_______________________________________________<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #ffffff;\">________<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #ffffff;\">_________<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #000000;\">If you have a question<\/span><span style=\"color: #000000;\">, please <a style=\"color: #000000;\" href=\"http:\/\/www.stillcreekcoop.com\/coop\/contact-location\/\" target=\"_blank\" rel=\"noopener\">contact us<\/a>.<\/span><\/p>\n<h1 style=\"text-align: center;\">Thank you for your interest in Still Creek Housing Co-op.<\/h1>\n<h4><img decoding=\"async\" loading=\"lazy\" class=\" wp-image-541 alignleft\" src=\"http:\/\/www.stillcreekcoop.com\/coop\/wp-content\/uploads\/2016\/06\/join-us1.jpg\" alt=\"Join Us\" width=\"219\" height=\"100\" srcset=\"https:\/\/www.stillcreekcoop.com\/coop\/wp-content\/uploads\/2016\/06\/join-us1.jpg 690w, https:\/\/www.stillcreekcoop.com\/coop\/wp-content\/uploads\/2016\/06\/join-us1-300x137.jpg 300w, https:\/\/www.stillcreekcoop.com\/coop\/wp-content\/uploads\/2016\/06\/join-us1-600x274.jpg 600w\" sizes=\"(max-width: 219px) 100vw, 219px\" \/>The waiting list is currently full.<\/h4>\n<p style=\"padding-left: 240px;\"><strong>As we focus on finding good, active participating members, we have very little turnover.\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Frequently Asked\u00a0Questions: _______________________________________________ ____ \u00a0 \u00a0\u00a0How long will I have to wait to get into a co-op?\u00a0 \u00a0 \u00a0 After applying, it generally takes three months to three years to get into most co-ops. Some co-ops are not accepting applications. &hellip; <a href=\"https:\/\/www.stillcreekcoop.com\/coop\/faq\/\">Continued<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.stillcreekcoop.com\/coop\/wp-json\/wp\/v2\/pages\/409"}],"collection":[{"href":"https:\/\/www.stillcreekcoop.com\/coop\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.stillcreekcoop.com\/coop\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.stillcreekcoop.com\/coop\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.stillcreekcoop.com\/coop\/wp-json\/wp\/v2\/comments?post=409"}],"version-history":[{"count":36,"href":"https:\/\/www.stillcreekcoop.com\/coop\/wp-json\/wp\/v2\/pages\/409\/revisions"}],"predecessor-version":[{"id":1055,"href":"https:\/\/www.stillcreekcoop.com\/coop\/wp-json\/wp\/v2\/pages\/409\/revisions\/1055"}],"wp:attachment":[{"href":"https:\/\/www.stillcreekcoop.com\/coop\/wp-json\/wp\/v2\/media?parent=409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}