More co-op housing could increase affordability in Mississauga

Co-operative housing in Canada, managed by member residents, offers affordable options for low- and moderate-income families. Mississauga is considering a new co-op at 1 Port St. E. as part of a larger development with affordable housing and commercial space. Although no new non-profit co-ops have been built in Mississauga since the mid-1990s, interest and funding opportunities are growing. The city, with 22 co-op sites and 2,750 units, faces challenges in maintenance and financial decisions but plans to support new developments and explore land acquisition partnerships.