A Volunteer Member-Tenant Managed Organisation (sometimes known as housing co-operatives) is a group of people with a common interest who work together to maintain and manage housing for its members. Members perform landlord roles (e.g. tenancy, rent, maintenance) and business roles (e.g. administration, bookkeeping). Membership requires significant ongoing commitment, including attending monthly and other meetings and actively participating in the management of the Organisation. Each Organisation manages its own member and tenant selection processes.
If you are considering housing with a VMTM Organisation, ask yourself the following questions. Can you:
- Attend regular (at least monthly) meetings and contribute to the management of the Organisation by making decisions about properties and activities of the Organisation?
- Volunteer and dedicate at least several hours a week working for the Organisation, in areas such as administration, financial management and housing maintenance?
- Take an official role within the Organisation i.e. Chairperson, Secretary, or be prepared to learn how to do this?
- Attend regular training to improve your skills?
- Respect, listen to and value the opinions of your fellow VMTM Organisation members?
If you answered ‘Yes’, to all these questions, Volunteer Member-Tenant Managed Organisation housing may be a suitable housing option for you.
Visit the sa.gov.au website for more information or to register.