WHAT IS A HOUSING COOPERATIVE?
A housing cooperative is a member owned community, providing all the benefits of home ownership, while eliminating interior and exterior home maintenance. In this community, members participate in the decision making process, with the goal of providing affordable housing costs, where the members pay only the actual operating costs of the cooperative.
Cooperative ownership allows for ease of re-sale, investment return and personal tax benefits. Cooperative members have a pride of ownership resulting in a deeper interest in maintaining the property. The cooperative lifestyle combines the best of renting and the best of owning.
WHAT WILL MY SHARE BE WORTH WHEN I CHOOSE TO SELL?
Your share will increase in value at a predetermined amount each year. The share's original price, plus annual increases will be returned to you or your estate upon sale to a new member. This "limited equity" model helps to maintain long-term affordability for future members, providing for an easy resale.
WHAT IS UNIQUE TO THIS COOPERATIVE?
Kildahl Park Pointe is adjacent to the Northfield Retirement Community, providing cooperative members priority access to the services available there, should a need arise. This arrangement offers the cooperative members peace of mind as they look forward to aging in place with access to services, meals, and transportation.
Click here to visit the Northfield Retirement Community website.
WHEN WILL I BE ABLE TO MOVE INTO MY NEW HOME?
Kildahl Park Pointe Cooperative opened February 2008 and is ready for occupancy.
Kildahl Park Pointe 
