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As a 501(c)3 non-profit organization affiliated
with NCDF, NCF supports cooperative projects through training,
research, education, and development assistancein housing,
business, and more. Since
its inception in 2000, Northcountry Cooperative Foundation
has assisted low-income, low-wealth, and other underserved
communities to create and develop community-owned, democratically-governed
enterprises. In this way, NCF addresses some of the underlying
reasons for poverty and blight such as feelings of powerlessness
or a lack of resources. Cooperative ownership leads to empowerment,
self-sufficiency, social responsibility, professional development,
and economic stability for individuals, families, and entire
neighborhoods.
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NCF
provides financial and development assistance to housing
co-ops and their members. Cooperative housing allows
families to invest in and benefit from the place they
call home. Because each household owns a share in a
"cooperative corporation" that in turn owns the property,
all resident households-and only resident households-collectively
own and manage their property. Housing co-ops come in
many forms, such as limited equity, manufactured housing
co-op, or market rate co-op.
At
left: Sunrise Viila Co-op in Cannon Falls, MN. The first Manufactied Home Cooperative in Minnesota |
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NCF has teamed with Springboard for the Arts to provide low-interest loans from $1000 to $5000, at a rate of 1% above the prime rate, simple interest, to artists in the Twin Cities area. Loan terms are from 12 to 36 months. This is a community-based revolving loan program designed to meet a broad range of artists' needs and opportunities. For more information about the Artist Loan Fund (ALF) check out the Springboard web site. |
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Since
1997, TCI has supported local leadership development
in rural and urban communities, brought together hundreds
of co-op leaders to share their experiences, and encouraged
continued relationships among them.
At
left: Participants
in the Traveling Co-op Institute build relationships
between sessions. |
The Foundation researches
and develops new ways for co-ops to form, expand, and help
their communities. Studies have included market research,
worker ownership, adaptive reuse, and rural cooperatives. Browse our popular Toolboxes,
manuals, and research papers.
Other Projects
Northcountry Cooperative
Foundation is looking into ways to support other aspects of
cooperative development that empowers people to self-sufficiency,
such as worker-ownership. Stay tuned for updates on new initiatives!
In
accordance with federal law and the U.S. Department of Agriculture,
this institution is prohibited from discriminating on the
basis of race, color, religion, national origin, sex, marital
status, age, or disability. Not all prohibited bases apply
to all programs.
To
file a discrimination complaint, write to the USDA, Director,
Office of Civil Rights, Room 326-W, Whitten Building, 1400 Independence
Ave. SW, Washington, DC, 20250-9410, or call 202-720-5964 (voice
and TDD). USDA is an equal opportunity provider and employer.
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Copyright © Northcountry Cooperative Foundation
219 Main Street SE, Suite 500, Minneapolis, MN 55414
Office Phone: (612) 331-9103; fax: (612) 331-9145; general e-mail: info@ncdf.coop |
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