NASCO Properties

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 August 2018, there are 16 properties owned by NP that are rented by eight leasing cooperatives in Austin, TX, Chicago, IL, Kalamazoo, MI, Buffalo, NY, Urbana, IL, Lawrence, KS, Athens, OH, and Providence, RI.