news Archives – Cooperative Development Institute

For Immediate Release: Colchester Parks Become Newest ROCS!

February 11, 2022 1 Comment

For Immediate Release: Colchester Parks Become Newest ROCS! February 10, 2022 Colchester, Vermont Contact: Annik Paul, Vermont State Manager Cooperative Development Institute – New England Resident Owned Communities (802) 851-0110 Kathleen R. Berk, Executive Director Vermont State Housing Authority (802) 828-3019 Gus Seelig, VHCB Executive Director Vermont Housing & Conservation Board (802) 828-3251 Anne Loecher,

New Roots Cooperative Farm purchases farmland

January 21, 2022 No Comments

New Roots Cooperative Farm purchases farmland FOR IMMEDIATE RELEASE January 20, 2022 CONTACT: Omar Hassan, 207-319-6261, newrootscooperativefarm@gmail.com Lewiston, Maine — Today, Jabril Abdi, Mohamed Abukar, Batula Ismail, and Seynab Ali, the four farmers of New Roots Cooperative Farm in Lewiston, purchased the 30-acre former dairy farm that New Roots has been leasing for the past

The Home Beautiful employee owners in front of their store

Press Release: The Home Beautiful Transitions Ownership to Employees

October 4, 2021 No Comments

FOR IMMEDIATE RELEASE Belmont, New Hampshire Date: Tuesday, October 5, 2021 Contacts: Bruce Hamel – Founder of The Home Beautiful thb@home-beautiful.com Rob Brown, Director, Business Ownership Solutions, Cooperative Development Institute (207) 233-2987 rbrown@cdi.coop Tom DuBois, General Manager & New Employee Owner, The Home Beautiful 603-524-5588 tom@home-beautiful.com Watch the

Workers from Ward Lumber in front of their Jay, NY location

Ward Lumber Transitions to Employee Ownership – Becomes the Largest Worker Cooperative in the Region!

June 16, 2021 No Comments

Watch the Video! A Historical Transition The employees of Ward Lumber made history recently when they purchased the 130-year-old business as a worker cooperative. The transaction marks the first employee ownership contract of its kind in the North Country region of New York State. The lumber products and hardware store, which has locations in

News coverage of the Ward Lumber ownership transition

May 11, 2021 No Comments

Thanks to North Country Public Radio that just aired a great piece about Ward Lumber’s ownership transition. Check out https://www.northcountrypublicradio.org/news/story/43724/20210507/employee-ownership-can-prevent-job-losses-and-closures-when-north-country-business-owners-retire There were also pieces in the Peru Gazette, LBM Journal, HBS Dealer and Northeastern Retail Lumber Association (three industry groups), Adirondack Daily Enterprise, Sun Community News, Press-Republican, and New York Almanack. We’re also excited that the

Ward Lumber Transitions Ownership to Employees

May 11, 2021 1 Comment

You can also watch this short video that tells the ownership transition story: Ward Lumber Transitions to Employee Ownership FOR IMMEDIATE RELEASE Contacts: Rob Brown, Director, Business Ownership Solutions, Cooperative Development Institute (CDI) (207) 233-2987 or rbrown@cdi.coop Alex Pond, Worker-owner, Ward Lumber (518) 483-8888 ext. 430 or receiver6@wardlumber.com Audrey Schwartzberg, Communications Associate, Adirondack North Country Association (ANCA) (518) 891-6200

Heritage Residents purchased their neighborhood

April 13, 2018 No Comments

For Immediate Release April 13, 2018 Heritage Association, Inc. Warren Manufactured Home Community Homeowners Purchased Their Neighborhood, Ready to ‘Flourish’ Contacts: Dave Adams, President, Heritage Association, (413) 436-8245 Andy Danforth, Director, NEROC Program, CDI (401) 439-9795 Paul Bradley, President, ROC USA, LLC (603) 513-2818 WARREN, Mass. — After learning about what it means to be

CDI Awarded 2016 Rural Cooperative Development Grant

October 13, 2016 3 Comments

Agriculture Secretary Tom Vilsack gave a green light to Cooperative Development Institute (CDI) this week to create and retain rural jobs and secure affordable housing. Vilsack’s announcement included a major grant of $200,000 for CDI from the US Department of Agriculture (USDA) and support for 28 other centers, totaling $5.8 million in Rural Cooperative Development

Newsletter: CDI Speaks before the UN and Wins the “People’s Choice Award”

August 6, 2015 No Comments

CDI to the United Nations: Sustainable Development through Cooperative Development CDI Executive Director Noemi Giszpenc was invited to present at the U.N. in New York as part of a panel on the “Sustainable Development Goals” and how to engage citizen participation in implementing them. The basic point of the Sustainable Development Goals is that all

Two Stories of Resident-Owned Communities Making Waves in Vermont

April 17, 2014 No Comments

Bunker Hill Cooperative: Pioneering The First of its Kind Disaster-Preparedness Plan in Vermont Here is a fascinating story of a housing co-op community coming together and doing things a bit differently than the mainstream. Keep in mind that just a few years ago, the residents of the current Bunker Hill Community Cooperative were all almost

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For Immediate Release: Colchester Parks Become Newest ROCS!

New Roots Cooperative Farm purchases farmland

Press Release: The Home Beautiful Transitions Ownership to Employees

Ward Lumber Transitions to Employee Ownership – Becomes the Largest Worker Cooperative in the Region!

News coverage of the Ward Lumber ownership transition

Ward Lumber Transitions Ownership to Employees

Heritage Residents purchased their neighborhood

CDI Awarded 2016 Rural Cooperative Development Grant

Newsletter: CDI Speaks before the UN and Wins the “People’s Choice Award”

Two Stories of Resident-Owned Communities Making Waves in Vermont

News & Updates

Eastern Garage Door becomes employee-owned cooperative after 100 years in business

Bangor residents purchase community for $8M, dozens of new affordable homes planned

CDI awarded $17.8M to repair failing water infrastructure for thousands of households

Vermont community takes on $2M septic crisis with the help of CDI’s WISP Program

Residents purchase manufactured home park for $26M, first deal of its kind in Maine

Brookfield Meadows becomes newest resident-owned community in Massachusetts

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News & Updates

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