Cooperative Living Designed for Members 62+

INFORMATIONAL MEETINGS: THURS, OCT 15 – 10AM & 1:30PM, THURS, OCT 22 – 6:30PM  – CLICK HERE FOR INFORMATION

Find Your Dynamic Lifestyle at The American Cooperative of Anoka

The functionality of condominium living combined with the ownership privileges of cooperative living can be yours at The American Cooperative. What’s more, the location of this highly anticipated community offers a dynamic lifestyle with access to the sights, sounds, and scenes of the City of Anoka. Here’s a taste of what surrounds you when make The American Cooperative your home.

HISTORY LESSON

Anoka is nestled along the Mighty Mississippi River and is bisected by the Rum River. For many decades, beginning in the 1840s, Anoka was an ideal site of logging operations, sawmills, woodworking plants, and other industries that relied on water as a source of power. In the late 1800s, the town was known as the center for its shoe factory and potato production.

In earlier times, the territory was neutral ground between the Dakota Sioux and Ojibwe (or Chippewa) Tribes. The name Anoka comes from the Dakota word A-NoKa-Tan-Han, meaning “on both sides” – in reference to its placement near the rivers – and the Ojibwe word On-O-Kay, which means “working the waters.”

Anoka is thought to be the first city in the United States to hold a Halloween celebration. Except for two years during World War II, this self-proclaimed “Halloween Capital of the World” has hosted spooky festivities each year since 1920.

ENTERTAINMENT & EATS

The American Cooperative overlooks Green Haven Golf Course. Open to the public, the venue offers an 18-hole course, golf leagues and tournaments, a banquet hall with full-service restaurant and bar, and a park-like backdrop.

Our location is a stone’s throw away from a host of activities. You will find no shortage of things to do, see, and explore among Anoka’s several city and community parks, the Anoka Nature Preserve, Lyric Arts Main Street Stage, and a historic downtown district booming with shops and restaurants.

Main Street and surrounding avenues are lined with the types of shops that make small towns famous, from bookstores and antiques shops to boutiques filled with one-of-a-kind and locally made gifts. You’ll find jewelers, apparel and shoes, trendy accessories, home furniture and décor, and so much more.

Shop up an appetite? Anoka’s eateries can help quiet those hunger pangs. The selection of cuisine found here covers everything from North America to the South Pacific. Experience small cafés like Truffles & Tortes or the pub-like atmosphere of Serum’s Good Time Emporium. Whether you’re after fine dining fare or cheap eats, you’ll discover endless options to sit down and enjoy a meal or grab some grub on the go.

EVENTS

The City of Anoka is a hotbed for events throughout the seasons.

Early each year, the Anoka Winterfest celebrates the wonder of winter with music, bonfires, selfie stations, cocoa and s’mores, arts and crafts, and activities like sledding, ice skating, and snowshoeing. Adults and children can enjoy themselves indoors and out during this two-day event.

Saturdays during summer, the downtown streets line with automobiles for the Anoka Classic Car Show. Summer is also a great time to enjoy things like the Anoka Riverfest & Craft Fair, the Anoka Food Truck Festival, and the annual Fourth of July fireworks show at Castle Field, near the high school.

Anoka celebrates a variety of Halloween-related events. Some of those events include the Gray Ghost Run, the Light Up the Night Parade, and the themed Orange Tie Ball.

RESERVE YOUR SPOT TODAY

When you become a member at The American Cooperative, you’ll secure a comfortable home and dynamic lifestyle in a thriving community. Contact us today to get started on completing your reservation agreement. We’ll walk you through the process, answer any questions, and welcome you home.

Location

Sales Office at
Green Haven Golf Club

2800 Greenhaven Road
Anoka MN 55303

Contact Us:

763 225 1000

hello@TheAmericanofAnoka.com

Sales Office Hours:

Monday - Friday 9:00 am - 3:00 pm, or by appointment

More Club Info

Informational Video

 

Thank you for your interest in The American Cooperative of Anoka, a senior cooperative designed for member-residents 62+.

Whether you have attended a past meeting or have only recently heard about us, The American Cooperative Informational Video will provide you with an excellent knowledge base. It will introduce you to who we are, including information about our developer, partners, location, cooperative living, financial basics, construction details, and home plans.

We are confident you will want to know more and even become a part of The American Cooperative after watching. If you have questions or want to find out how to join our Reservation List, please call or email Denise Heuton in the Sales Office.

Now, we invite you to grab your favorite beverage and snack, and from the comfort of your home learn more about The American Cooperative of Anoka. Video running time is approximately 40 minutes.

Thank you for watching!

FAQs

 

What is a cooperative community?

Housing cooperatives are a distinctive form of ownership that are membership-based. They combine the pride and benefits of home ownership with the convenience and cost-efficiency of community living. As a non-profit, The American Cooperative is owned and controlled by its Members (residents), which protects the cooperative’s long-term property value and affordability.

The American Cooperative is a limited equity cooperative partnering with the U.S. Department of Housing and Urban Development (HUD) to secure the financing of the cooperative through a master mortgage. This is the cooperative’s guarantee the project will be financed. In addition, The American Cooperative works closely with HUD to ensure the completion of the cooperative.

As a Member, you are issued a share in the cooperative which gives you the voting rights to elect the cooperative’s Board of Directors. Each home represents one voting share. While the cooperative holds the title to the property, members have an exclusive right to occupy their home through their ownership in the cooperative.

How do I begin the process of joining The American Cooperative?

The first step is to complete a Reservation Agreement to receive your priority number. Priority numbers are issued on a first-come, first-served basis. Upon executing the Reservation Agreement, a 100% refundable $500 deposit is required. This deposit will be held in an escrow account and is cancelable at any time by either party. Visit The American Cooperative sales office at 2800 Greenhaven Road, Anoka, MN 55303 to secure your priority number. The sales office is located in the Clubhouse of the Green Haven Golf Course.

What are your sales office hours?

The American Cooperative sales office is located in the Clubhouse of the Green Haven Golf Course at 2800 Greenhaven Road, Anoka, MN 55303.

Sales office hours are Monday-Friday, 9 am to 3 pm, or by appointment. Call 763-225-1000 to make an appointment.

How much does it cost to purchase a membership in The American Cooperative?

There are two primary costs associated with your membership, the Share Price and the Monthly Fee. The Share Price, which is your equity in the cooperative, is based on your Home Plan selection. The Share Price is required to be paid when the Subscription Agreement is executed. In addition, Members pay a Monthly Fee to the cooperative. The Monthly Fee primarily consists of your portion of the master mortgage payment, required mortgage reserves, real estate taxes, operating expenses, insurance for the cooperative, utility costs (excluding electricity and telephone), and professional management fees.

Visit The American Cooperative sales office for Home Pricing and Monthly Fees.

Does my share value appreciate?

Your initial Share Price appreciates 3% per year until you sell. This amount compounds annually. A $750 fee is charged by the cooperative for marketing and selling your home.

What are the tax benefits of a cooperative?

The benefits are identical to those you enjoy in your single-family home. Generally, real estate taxes and mortgage interest are fully tax-deductible. However, please consult your tax advisor to better understand the specific benefits to you.

Can I customize my home?

Absolutely. While we believe The American Cooperative homes are beautifully designed with wonderful amenities, we realize you will want to make your home your own.

Who is developing and managing The American Cooperative?

The American Cooperative is being developed and marketed by Gramercy Development Companies and managed by Ebenezer Management Services.

News & Events

OCTOBER 15 and OCTOBER 22 Informational Meetings at Greenhaven Golf Course Clubhouse

October 15, 2020 – Learn more about The American Cooperative!
Oct 15 meetings begin at 10am & 1:30pm, Oct 22 meeting is at 6:30pm. RSVP required. read more

 

SEPTEMBER 15 Informational Meeting at Greenhaven Golf Course Clubhouse

September 15, 2020 – Learn more about The American Cooperative!
Meetings begin at 10 am & 1:30 pm. RSVP required. read more

 

August 6 Informational Meetings at Greenhaven Golf Course Clubhouse

July 25, 2020 – Learn more about The American Club! Meetings begins at 10 am and 1:30 pm. RSVP required. read more

Golf course senior living coming to Anoka

July 31, 2019 – Anoka’s longtime plan for a golf course community is coming to fruition. read more

 

Blog

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Discover the Cooperative Living Experience

The American Cooperative of Anoka offers residents a cooperative living experience in a community that caters to and complements your evolutionary lifestyle. The details don’t need to be complicated. We’ll prove that here as we explain the benefits of cooperative living and how you can get started today in planning for your future.   WHAT IS COOPERATIVE LIVING? A housing cooperative, or co-op, is a membership-based form of ownership. Cooperatives [More]