Located at 2275 Roosevelt Blvd. in Eugene, Oregon
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Rosa Village Co-op provides permanently affordable housing where members share responsibility, care for the village, and make decisions together.
We envision a stable, inclusive community where every member has a voice, neighbors support one another, and housing remains affordable for future generations.
Questions? Join the Info Session on July 29, 2026 to learn more about this housing opportunity.
Upcoming Dates
Applications open: October 5, 2026
Move-in expected: Jan - Feb 2027
Join the Notification List to get notified when applications go live.
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About Us
About Us
Rosa Village Co-op is a newly formed housing cooperative in Eugene's Trainsong neighborhood seeking its founding members. The Village includes 52 energy-efficient homes, permanently affordable to households earning under 60% of the area median income.
A housing cooperative, or co-op, is a form of resident-owned housing where members collectively own the community and participate democratically in decisions that affect where they live. This model provides housing stability, shared responsibility, and a strong foundation for connecting with neighbors.
Rosa is part of the SquareOne Villages Community Land Trust— a growing network of cooperative communities that includes 150+ permanently affordable homes across Lane County.
Construction began in early 2026 and applications for membership are expected to be released at the beginning of October with initial occupancy anticipated at the end of January.
Village Overview
Village Overview
Number of Units
(52) total homes
Unit Types
(40) 1-bedroom units
(12) 2-bedroom units
Permanently Affordable for
households under 60% of the area median income
Membership Share
$5,000 - $7,500 upfront investment in the co-op (loans available)
Monthly Carry Charge
$700 / month for 1-bedroom
$850 / month for 2-bedroom
Housing in a Village Setting
Housing in a Village Setting
Rosa Village is a two-acre community featuring 52 homes across eight buildings thoughtfully arranged around a variety of common green spaces. The village offers a mix of one-bedroom and two-bedroom homes, each with its own front porch or balcony.
Parking is kept to the perimeter and the space between houses creates a medium for casual social interactions, intended to foster a strong sense of community and belonging amongst neighbors.
Meandering pathways connect front porches to a series of open spaces and a central common house—providing opportunities for residents to gather, share a meal, garden or play.
Village Features
Village Features
cooperatively owned homes
40 one-bedroom flats (1st and 2nd floor options available).
12 two-bedroom townhomes.
Each home includes a functional front porch or balcony.
Ground floor units include gardening opportunities in front of home.
sustainability + energy efficiency
Earth Advantage Platinum, Net Zero Ready Certification
95 kW solar panel installation
2 electric vehicle charging stations
2x8 wall construction with elevate insulation & air tightness measures
Mini-split heat pump heating and cooling & heat pump water heaters
Energy recovery ventilators
Cedar window shutters for passive cooling
site + common amenities
Careful balance of housing density with strong connections to nature and community-focused courtyards.
A common house includes a community kitchen and flexible use space ideal for hosting community events, regular shared meals, and co-op meetings. It also includes a common laundry room and bike parking.
Three distinct outdoor gathering areas:
The common house patio spills onto a central lawn with seating and raised garden beds.
The eastern edge of the site includes a fenced dog run and children's play area.
A quiet natural area with mature fir trees, picnic tables, and stormwater treatment.
42 parking spaces assigned on a first come, first served basis (up to one space per household).
Village Site Plan
Village Site Plan
Floor Plans
Floor Plans
Being Part of the Co-op
Being Part of the Co-op
Co-op Ownership Explained
Co-op Ownership Explained
A permanently affordable housing co-op is a form of resident-owned housing with long-term affordability protections secured through a community land trust. Members gain stability, control, and modest equity in their housing, while the homes remain affordable for future generations.
Here is a summary of how this shared ownership model works:
Members own the co-op together.
Each household becomes a member by purchasing a membership share in the cooperative corporation. Members do not buy an individual unit. Instead, they share ownership of the whole co-op community.
In a permanently affordable housing co-op, the value that you can resell your membership share for is limited in order to preserve affordability for future members.
Membership comes with both housing rights and voting rights.
Through a proprietary lease, each member receives the right to live in a specific home. As members of the co-op, households also have a voice and vote in major decisions that affect the community.
Members pay a monthly carrying charge.
The monthly carrying charge helps cover the co-op’s shared costs, including mortgage payments, insurance, taxes, maintenance, utilities, reserves, and day-to-day operations. Members set the monthly carrying charge when they vote to adopt an annual budget.
Members elect a Board of Directors.
The board is made up of co-op members elected by the membership. The board is responsible for governing the co-op on behalf of the whole membership. This includes adopting policies, overseeing the budget, making decisions in the best interest of the co-op, and working with service providers.
The property manager handles day-to-day operations.
The board hires or contracts with a property manager to handle day-to-day operations. The property manager may coordinate maintenance, collect carrying charges, send notices, maintain records, work with vendors, and help carry out the co-op’s policies and procedures. The property manager reports to the board.
A Community Land Trust protects permanent affordability.
The co-op holds a 99-year ground lease with the SquareOne Community Land Trust, which helps protect permanent affordability and long-term sustainability. SquareOne also provides ongoing technical assistance to support good governance, financial responsibility and maintenance planning. It does not make decisions for the co-op.
The goal is a healthy, resident-led community.
A strong co-op depends on both structure and culture: clear documents, good governance, respectful communication, shared responsibility, and a commitment to stable, permanently affordable, community-controlled housing.
How Is This Different from Renting or Buying a House?
How Is This Different from Renting or Buying a House?
A housing co-op is different from both renting and traditional homeownership. It is a middle path that offers more stability and control than renting, while being more accessible and less risky than single-family homeownership.
Compared to renting
When you rent, you usually pay rent to a landlord who owns the property and makes most major decisions. Your rent can increase over time, and your ability to stay in your home depends on the terms of your lease and the landlord’s decisions.
At Rosa Village Co-op, members are not renting from a private landlord. Members collectively own and govern the co-op. Monthly payments go toward the shared cost of operating and maintaining the community, not toward profit for a landlord. Members also have a voice and vote in major decisions that affect the co-op.
Compared to buying a single-family home
When you buy a single-family home, you usually own that property individually and may be able to sell it later for whatever the market will pay. This can create an opportunity to build wealth, but it also usually requires a much larger down payment, a private mortgage, and full responsibility for repairs, maintenance, insurance, taxes, and resale.
At Rosa Village Co-op, members do not buy an individual home on the open market. Instead, each household purchases a membership share in the co-op. Members gain the right to live in a specific home, participate in community decisions, and build modest equity through the resale value of their share. Because resale values are limited, the homes remain affordable for future members.
Understanding Co-op Costs
Understanding Co-op Costs
Purchasing the Membership Share:
When you join the co-op, you are required to purchase a membership share. The share represents your ownership interest in the cooperative corporation. A membership certificate documents your membership in the co-op and the purchase price of your share.
The initial share price is $5,000 for a 1-bedroom and $7,500 for a 2-bedroom.
Share Loans:
Many members finance their upfront share purchase through a share loan that is repaid over time. Community Lending Works offers loans of up to 80% of the value of the share for qualifying households. Loans are repaid over 5 years at 7% interest. Find more information in the Share Loan Eligibility section below.
This allows a loan of up to $4,000 for a 1-bedroom (with an estimated payment of $81/month) or up to $6,000 for a 2-bedroom (with a estimated monthly payment of $122/month).
Leaving the Co-op / Selling Your Share:
If you decide to leave Rosa Village, the co-op will help facilitate the sale of your membership to an income-qualified buyer. The resale price is limited so that the home remains affordable for the next member.
The co-op's bylaws set the maximum resale value at 3% appreciation per year, plus any approved capital improvements to your unit.
Monthly Carrying Charge:
Members pay a monthly carrying charge to the co-op. This is similar to a monthly housing payment, but instead of paying rent to a landlord, members are contributing to the shared cost of operating and maintaining their housing. This includes utilities (water, electric, garbage), co-op's blanket mortgage, insurance, taxes, property management, maintenance, replacement reserves, and other operating costs.
The monthly carrying charge is $700/month for a 1-bedroom and $850/month for a 2-bedroom.
Annual Operating Budget:
Each year, members adopt an operating budget at the annual membership meeting. The budget estimates the co-op’s income and expenses for the coming year and sets the monthly carrying charges needed to cover operating costs, reserve contributions, and mortgage payments.
Member Participation + Engagement
Member Participation + Engagement
Members guide the future of Rosa Village Co-op!
As a cooperative, Rosa Village is governed by the people who live here. Members work together to make decisions about the community, including policies, budgets, shared spaces, and long-term planning. This helps ensure that the village reflects the needs and priorities of its residents.
Co-ops works best when members take an active role in the cooperative. Participation can take many forms. Some members may serve on the Board or a committee. Others may help care for common spaces, support community events or meals, welcome new neighbors, start a newsletter, or contribute skills in other ways.
Every member has a part to play in creating a safe, welcoming, and well-maintained place to live.
Becoming a Co-op Member
Becoming a Co-op Member
Membership Eligibility
Membership Eligibility
To help ensure the success of the cooperative, applicants must demonstrate financial readiness, personal responsibility, and a commitment to cooperative living. The following requirements are used to evaluate eligibility and help determine whether Rosa Village Co-op is a good fit for you.
✔ Have Qualifying Household Finances
Household Income: Your household income must be between the minimum and maximum income listed in the table below.
Minimum income: Total household income must be at least twice what the monthly carrying charges are for the unit.
1-bedroom: $1,400/mo $16,800/year
2-bedroom: $1,700/mo $20,400/year
Maximum income: Total household income must not exceed 60% of the Area Median Income (AMI) for Lane County based on household size.
1 person: $3,445/mo $47,280/year
2 person: $3,940/mo $47,280/year
3 person: $4,430/mo $53,160/year
4 person: $4,920/mo $59,040/year
Stable Income: Household must have regular and verifiable income.
Stability of income can be shown from your two most recent pay stubs, Social Security/SSI/SSDI award letters, 1099 forms, or W-4 Forms.
Membership Purchase: Applicants must be capable of purchasing a membership in the cooperative prior to move-in.
Membership Share: A combination of cash, downpayment assistance, IDA accounts, or personal loans can be used towards this purchase.
1-bedroom: $5,000 one-time share purchase
2-bedroom: $7,500 one-time share purchase
Share Loan: See 'share loan eligibility' section for more details on accessing a share loan.
1-bedroom: Loan of up to $4,000 (estimated $81/month)
2-bedroom: Loan up to $6,000 (estimated $122/month)
✔ References & Background Check
Housing References: Provide at least two references from a landlord or shelter provider who can speak to your rent/utilities payment history, lease compliance, and treatment of property for the past two years.
Personal References: Provide at least three references for each adult in the household, who can speak to your initiative, attentiveness, responsibility, reliability, teamwork and problem-solving skills. This can include neighbors, coworkers, teachers, fellow volunteers, service providers, etc.
Background Check: Consent to a background check that includes criminal conviction history. A conviction record does not automatically disqualify an applicant. Any relevant convictions will be reviewed on an individualized, case-by-case basis.
✔ Commitment to Living in Cooperation
Live in the Co-op Full-Time: Use the home as your primary residence (no less than 9-months of the year) and own no other real estate with residential improvements.
Understand Co-op Basics: Applicants must make a reasonable effort to understand the unique characteristics of cooperatively owned housing by attending an information session and reviewing materials.
Comply with Lease Terms: Applicants must be able to fully comply with all the terms of the Proprietary Lease and Community Agreements, and participate in the cooperative either independently or with reasonable assistance.
Participate in the Cooperative: Applicants must show reasonable ability and willingness to cooperatively work with other members, participate in group decision-making, attend trainings, and share with other members in the roles and responsibilities of cooperative management.
Commit to non-discrimination: Applicants must agree that neither they, nor members of their household, will discriminate against other members or applicants on the basis of any protected category, including race, sex, gender, age, marital or familial status, religious affiliation, color, national origin, sexual orientation, veteran status, family composition, disability status, or source of income.
Share Loan Eligibility
Share Loan Eligibility
If you plan to apply for a loan from Community Lending Works to purchase your membership, the following additional eligibility requirements apply:
✔ Share Loan Eligibility
Total household debt repayments plus monthly carrying charges may not exceed 55% of the household’s total net monthly income.
In the event of any bankruptcies, there have been no post-bankruptcy delinquencies in the last three years.
Loans of up to 80% of the value of the share ($4,000 for a 1-bedroom; 6,000 for a 2-bedroom) are available through Community Lending Works as capacity allows. These are 5-year loans with a 7% interest rate.
What happens after I submit an application?
What happens after I submit an application?
Below is a summary of the process that you can expect after submitting an application:
Your application will be reviewed for completeness and income eligibility.
All applications that pass initial screening will be entered into a lottery. After the lottery all applicants will be informed of their lottery number.
In lottery order, applicants will have their references contacted (character references and past landlords) and information verified, including conviction history. Background checks will be conducted through a third party verification system, which requires your consent via email to proceed.
Applicants who meet the selection criteria will be invited for a required co-op information session, where you can ask any questions that you may have.
Each selected applicant will have an opportunity to view the unit being offered. This may happen at the same time as the info session, or may be scheduled separately.
Each person will then have up to 2 weeks to review legal documents. Applicants who accept an offer of membership will be contacted to set a time to sign all relevant documents and finalize their purchase of a share in the co-op, including making a $500 nonrefundable deposit toward the membership purchase.
Once a final inspection has been completed and the housing has been approved for occupancy, you will be contacted to schedule a move-in date. The membership fee and first month’s carrying charges must be paid in full prior to move-in.
Applications open: October 5, 2026
About the Developer
About the Developer
Rosa Village Co-op was developed by SquareOne Villages—a nonprofit community land trust with a mission of creating democratic communities with homes that are permanently affordable and environmentally sustainable—in partnership with the design, financing, and construction partners listed below.
The two-acre property was donated to SquareOne by the Evergreen Hill Fund. Several public subsidies, grants, and donations also made it possible to create this deeply affordable housing at Rosa Village.
As a Community Land Trust, SquareOne retains ownership of the underlying land after the development is complete in order to protect the long-term affordability of the housing. SquareOne’s bylaws restrict the resale of land used for affordable housing, and at least one-third of its board of directors is composed of residents who live on land held by the community land trust.
SquareOne staff incorporated Rosa Village Co-op and serve as its initial board of directors during the start-up period. The purpose of this interim role is to set up a solid structure for founding members, including a comprehensive set of legal documents and starter policies. Control of the board of directors will be transferred to the members as Rosa Village reaches full occupancy, as laid out in the co-op's bylaws.
After the transition to member control, SquareOne will also maintain a limited ongoing role as the community land trust and technical assistance provider. This includes helping the co-op understand its documents and budget, practice good governance and financial responsibility, and plan for long-term maintenance.
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