News

Jun 08

Bye Bye Nextdoor

Hello Neighbors, You may have noticed that we are not writing post on nextdoor. The crazy, ugly, and hostile comments are counter productive. We have met our goals. We are moving forward. We are the Franciscan Co-op. Best Regards, Cynthia Read more

Jun 08

New Management Company

The Property Management Selection Committee has been working very hard to find a company that will meet our needs and requirements for our type of co-op. They have brought three amazing companies for us to review. We have completed round Read more

Jun 08

The Right to Vote

Not to be taken for granted. Its been 100 years since the ratification of the 19th Amendment allowing women the right to vote in the U.S. The amendment was first proposed in 1878 and it took 42 years for passage Read more

Jun 08

Be an “Owner”

Estate of Pitts, California Supreme Court, 1933 holds that members of housing cooperatives “own” an equitable real property interest. There is NO California case that holds tenants of a mobile home park purchased by a non-profit housing sponsor via tax-exempt Read more

Jun 08

Since 1933 the California Supreme Court has held that members of housing cooperatives are the “equitable owners” of the property even if the title is in the name of the corporation. Estate of Pitts (1933) 218 Cal. 184. Be an Read more

Jun 04

Our goals and future steps

When people say the co-op is dead, they are misrepresenting facts by referring to a March 31st deadline that has passed. What they don’t tell you is that the Co-op Committee successfully met that deadline weeks earlier, so the date Read more

May 20

Whoo-hoo!

Be an “Owner” not a “Renter” Signing up for the co-op using the promissory note option for as little as $1 per month allows you to join the co-op. This will ensure that the Franciscan becomes a true resident-owned and Read more