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2022 Area Median Income Guidelines

HDFCs are required to house people who are low-income. Different HDFCs have different eligibility definitions, or ways of determining who qualifies as low income. These are contained in the Certificate of Incorporation.

2021 Area Median Income Guidelines

What do income limits mean, how are they determined, and what are the income guidelines for 2020?

Sample Proprietary Lease

This is a sample of the proprietary lease of of an HDFC cooperative. Proprietary leases are part of your cooperative’s governing documents.

Calling a Special Meeting of Shareholders

A special meeting allows shareholders to remove the current board of directors and elect a new board.

Healthy Co-op Checklist

Learn the signs of a healthy, well-functioning HDFC

Sample Superintendent Employment Agreement

This is a sample employment agreement between an HDFC and a super.

Sample House Rules

Sample house rules contain information about quiet hours, garbage disposal, repairs, and more.

Sample Resale Policy or Amendment to Proprietary Lease

Sample policy on selling units in your HDFC, plus notes on capital improvements.

Guide to Resale Policies

Learn what your governing documents have to say about selling apartments, and how to create your own resale policy.

Sample Bylaws

This is a sample of the by-laws of of an HDFC cooperative. By-laws are part of your cooperative’s governing documents. Different HDFCs have different by-laws, depending on their year of conversion, amendments, and more.

How To Increase Participation

Help residents get interested and involved in running their building.

Running Effective, Democratic Meetings

Clear, timely, effective, and democratic meetings are key to a healthy cooperative.

Who Owns the Apartment? Dealing With Spouses, Roommates, and Children

Your co-op’s legal documents allow you to pass on ownership of your unit to a spouse, child, or non-relative.

Improving your Cooperative Board of Directors

Improve regular board meetings, learn the duties and powers of the board of directors, and make a cooperative policy checklist.

Guide to Wills, Estates, and Surrogate’s Court for HDFC Co-op Boards

Familiarize yourself with common terms and procedures around wills and estates.

2020 Area Median Income Guidelines

What do income limits mean, how are they determined, and what are the income guidelines for 2020?

How does a cooperative operate?

Operating a cooperative takes organization and cooperation. This resource is a guide to some of the basic functions fo a co-op.

Sales and Transfers: What documents do we need?

Checklist of the legal documents involved in the sale of a unit.

Tenant Association Articles of Association

This is a sample of a tenant association’s articles of association. A converted HDFC cooperative will be governed by bylaws, not articles of association.