Our Towne

Cooperative Living is…

Williamsburg Towne Houses Cooperative is a not-for-profit corporation. Each member owns one share of stock, which provides one vote on Cooperative matters, the right to live in a unit, and the opportunity to participate in Board meetings. Membership is transferred from the outgoing member to the incoming member at the designated sale price.

Monthly fees cover Cooperative operations, and members may claim their share of real estate taxes as a tax deduction.

Williamsburg maintains building exteriors, hot water heaters, furnaces, and plumbing. Members may decorate their units as they choose, know that all improvements must meet building codes and receive Board approval.

Williamsburg maintains lawns, trees, common areas, the playground, and basketball courts. Residents are encouraged to care for landscaping near their homes, and a year-round onsite maintenance team handles repairs.

Williamsburg Towne Houses Cooperative is member-run. Members help create and follow community rules, participate in events, and strengthen the community through their ideas and involvement.

Monthly carrying charges are typically lower than rent or mortgage payments because of careful budgeting and member volunteer contributions.