After gathering with like-minded folks and agreeing on a common goal for cooperative housing, what does it take to set up a corporation for a co-op?  Figure out the structure of the corporation first. Consulting an attorney and an accountant can give you a picture of the best way to set up the corporation for your cooperative. Tap additional resources, such as the Northeast Indiana Small Business Development Center (ISBDC), as needed. A resource list is provided on Fort Wayne’s Community Development website.  Deb Trocha of the Indiana Cooperative Development Center is open to talking with Hoosiers who are interested in setting up a cooperative. She sees significant opportunities for areas like Fort Wayne to improve housing market options for residents.  In the startup...

read more