About the co-op

Heron Point is owned and run by the people who live here.

Spring in Newmarket: the river and the mill buildings under a blue sky.
Photo: Eric Gendron Photography

How it works

  • Every household that owns a home here is a member, and each member household has one vote.
  • Members elect a board of directors to run the co-op's day-to-day business. The board appoints committees for everything else.
  • Members make the big decisions: the annual budget, the lot rent, electing the board, and any change to the bylaws or community rules.
  • New homeowners join the co-op and sign an Occupancy Agreement, which commits them to the bylaws and the community rules.

Why we do it this way

The co-op exists to keep this community affordable for the long term, especially for low- and moderate-income households, and to keep decisions about it in residents' hands rather than an outside owner's.

Getting involved

Come to a board meeting, join a committee, or help with the annual meeting. Some people give an hour a month and some serve two years on the board. Either way it keeps costs down and makes this a better place to live.

The Newmarket mills seen from the river.