Shareholders elect a Board of Directors once every two years. Our residents have an equal vote in the corporation, which holds title to the entire Woodstock Homes property. As a shareholder-based organization, we offer more At Woodstock Homes, each shareholder owns one share of the corporation. ![]() After two years of meetings, planning and negotiations, his dream was realized, and Woodstock Homes was born.Ī corporation is a business owned by the people who use it. Nute, proposed to his fellow tenants that they form a non-profit corporation to purchase their homes under a policy of mutual ownership. The housing that comprises Woodstock Homes was originally built by the US government during World War II to support the families of the men and women serving our country.Īfter the war ended, The Public Housing Authority planned to sell the Woodstock Project as war surplus.
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