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In 1984 the Davis City Council approved the construction of Dos Pinos, a limited equity housing cooperative. In the Fall of 1985 the first few of our 60 units were ready for occupancy. By March 1986 we had assumed ownership from the builder and elected our first board of directors. We were on our way!
Today Dos Pinos is a cooperative housing community operated by its members through an elected board of directors and a professional management company. It is a limited equity, not-for-profit corporation in which each member owns a share. The corporation holds the common mortgage, so when you "purchase" a unit, you are actually buying a share in the cooperative with the right to occupy that unit.
Through our elected Board of Directors, appointed committees, and individual community activities, Dos Pinos residents participate in policy development, administration, maintenance and the social activities of our community. Through this interaction and cooperation, we are connected with one another and we recognize our common need for security and companionship within a friendly community.