http://www.somerset.coop/node/15 How can you start a housing co-op when you can't afford the house?
Fri, 26/06/2009 - 15:39 Alex This is a report that we prepared with funding from Co-operative Financial Services, looking at the feasibility of privately funded Housing Co-operatives. We updated it in 2009 for the Commission on Co-operative Housing. It will be of use to anyone trying to start a housing co-op in an area where house prices are more than 75 times the local housing allowance obtainable for that type of property. http://www.ica.coop/al-ica/ UN proclaims 2012 International Year of Co-operatives The ICA is pleased to announce the adoption of the UN resolution, "Co-operatives and social development: which proclaims 2012 International Year of Co-operatives. The resolution (A/RES/64/136) passed on 18 December 2009 by consensus was proposed by 55 UN Member States. It recognises that the co-operative business model is a major factor in realising economic and social development and calls on governments, international institutions, co-operatives and other stakeholders to support the development and growth of co-operatives worldwide. . See ICA press release.<http://www.ica.coop/publications/pressreleases/2009-12-18-int-year-coops.pdf> UN Press Release: UN declares 2012 International Year of Co-operatives <http://www.un.org/News/Press/docs/2009/dev2784.doc.htm>ILO Press Release: ILO hails UN proclamation of 2012 as International Year of Co-operatives <http://www.ilo.org/global/About_the_ILO/Media_and_public_information/I-News/lang--en/WCM_041782/index.htm> http://www.ilo.org/global/About_the_ILO/Media_and_public_information/Feature_stories/lang--en/WCMS_105073/index.htm Coops and the global financial crisis Cooperatives have been more resilient to the deepening global economic and jobs crisis than other sectors. ILO Online spoke with Hagen Henry, chief of the ILOs Cooperatives Branch. http://www.un.org/News/Press/docs/2009/dev2784.doc.htm United Nations Declares 2012 International Year of Cooperatives NEW YORK, 21 December (Department of Economic and Social Affairs) -- The United Nations General Assembly has declared 2012 as the International Year of Cooperatives, highlighting the contribution of cooperatives to socio-economic development. In adopting resolution 64/136 on 18 December, the Assembly noted that cooperatives impact poverty reduction, employment generation and social integration. A cooperative is an autonomous voluntary association of people who unite to meet common economic, social and cultural needs and aspirations, through a jointly owned and democratically controlled enterprise. In general, they contribute to socio-economic development. As self-help organizations that meet the needs of their members, cooperatives assist in generating employment and incomes throughout local communities. Cooperatives provide opportunities for social inclusion. In the informal economy, workers have formed shared service cooperatives and associations to assist in their self-employment. In rural areas, savings and credit cooperatives provide access to banking services that are lacking in many communities and finance the formation of small and micro businesses, promotes inclusive finance. The cooperative sector worldwide has about 800 million members in over 100 countries and is estimated to account for more than 100 million jobs around the world. The strength and reach of cooperatives are illustrated in the following examples: · under the umbrella of the World Council of Credit Unions, 49,000 credit unions serve 177 million members in 96 countries, and 4,200 banks under the European Association of Cooperative Banks serve 149 million clients; · agricultural cooperatives account for 80 to 99 per cent of milk production in Norway, New Zealand and the United States; 71 per cent of fishery production in the Republic of Korea; and 40 per cent of agriculture in Brazil; · electric cooperatives play a key role in rural areas. In Bangladesh, rural electric cooperatives serve 28 million people. In the United States, 900 rural electric cooperatives serve 37 million people and own almost half of the electric distribution lines in the country. International Years are declared by the United Nations to draw attention to major issues and encourage action. To commemorate the Year, regional conferences will raise awareness of cooperatives and seek ways to leverage their contribution to socio-economic development and foster regulatory frameworks. A research agenda will be proposed and Member States are to form national committees that will serve as focal points for the Years activities. For more information, contact the Department of Economic and Social Affairs focal point on cooperatives, Felice Llamas, lla...@un.org, +1 212 963 2924. http://www.sncf.org.sg/articles/news021209_04.html SNCF 28th Anniversary Reception *Celebrating Our Resilience and Growth* Co-operatives are more resilient to crisis than other forms of enterprise according to a recent International Labour Office (ILO) study commissioned to the International Co-operative Alliance (ICA). Their social mission is again brought to the fore on 10 July 2009 when we commemorated our 28th Anniversary, in conjunction with the 87th International Co-operative Day. 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