Building community through cooperative real estate in Vermont with Matt Cropp

In this episode of Community Capital Live, Joel Skene chats with Matt Cropp, Treasurer of Vermont Real Estate Cooperative, a cooperative business formed by Vermont residents to own and run commercial and residential property.

Among the topics covered are the importance of non-accredited investors, the mechanisms for cooperatives to access financing and acquire property, and strategies for building a community of investors. Joel and Matt are also joined by panelists Kevin Jones of Neighborhood Economics and Nicole Vitello of Equal Exchange.

Chapters

  • 00:00 Introduction to community capital live
  • 02:50 The Vermont Real Estate Cooperative: Origins and vision
  • 09:05 The Role of Non-Accredited Investors
  • 11:08 Property acquisition and financing mechanisms
  • 13:54 Building a community of investors
  • 16:49 Challenges and future directions
  • 26:02 Building community through investment clubs
  • 29:14 The evolution of cooperative models
  • 32:48 The role of cooperative principles in investment
  • 37:42 Strategies for growth and replication
  • 40:04 Financial frameworks for cooperative sustainability
  • 47:48 Trust and community engagement in cooperatives

Community Capital Live is a production of The Mindful Marketplace Show, Neighborhood Economics, The Main Street Journal and ImpactAlpha.