A co-op of co-ops.
NASCO Properties (NP) was created in 1988 as a property holding and management corporation to assist new student housing cooperatives with financing and management. Since then, NP has become an important development tool for student and community groups that want to start group equity co-ops but do not have access to sufficient resources. NP uses equity from buildings it owns to provide collateral and equity for these new groups. It also operates as a support network for its member co-ops, offering training and asset management assistance. In turn, these member co-ops form the governance structure fro NASCO Properties. As of April 2019, there are 15 properties owned by NP that are used by seven leasing cooperatives in Austin, TX, Chicago, IL, Buffalo, NY, Urbana, IL, Lawrence, KS, Athens, OH, and Providence, RI.
NASCO Properties Board Members
Kathryn Solorzano Lowell
Nico White
Matt Dietrichson
Jim Jones
Rachel Terrana
Tristain Laing
holly jo sparks
Gallal Obeid
Shining Li
Daniel Mauer