The Homes, Inc. is a privately-held corporation.  A board of 5 directors oversees the policy and procedure for the corporation.  The day-to-day management of the office and maintenance staff is handled by our manager and her assistant.  

There are 345 duplexes and townhomes owned by the corporation.  There is 1 share of stock for each co-op residence.  Each resident buys a share of stock in The Homes, Inc., which gives access and occupancy rights in the dwelling associated with the stock share.  

Each share of stock entitles its owner to receive a wide variety of services from the office (see Co-op Services).  Each stockholder has certain responsibilities (see Rules & Regs).  After purchase, there is a monthly maintenance fee (see FAQ section "Own vs. Rent").

The members of the board of directors are all residents who volunteer their time.  The manager is hired by the board.  She, in turn, hires all office and maintenance staff.