The Mayor’s Office of Economic Development in Boston will be hosting two upcoming workshops on cooperative business ownership. They’re free, and we hope you can attend and/or spread the word. Both workshops will take place at the Roxbury Innovation Center, 2300 Washington Street, Dudley Square (the Bolling Building).
Wednesday, May 31, 10:00-12:00: Employee Ownership Workshop
When a business owner wants to retire or do something different, selling the business to the workers is a great option, for many reasons. Learn about selling businesses to employees, different types of employee ownership, and improving business by engaging workers.
Learn more and RSVP
Thursday, June 22, 10:00-12:00: Employee Ownership – Making Business Better
If you have a great idea for a new business, why not make it a co-op? Cooperative ownership—that is, ownership of the company jointly by the workers—has many benefits. Co-ops can help small businesses access resources, achieve scale, and save money.
Learn more and RSVP
Renters Tax Deduction Bill Hearing Set for June 13
The Mass Association of Housing Co-ops is supporting a bill to allow resident owners of housing co-ops to take advantage of the Commonwealth’s renters’ tax deduction (if they do not also take the federal homeowners deduction). This would benefit about 1,000 people each year, many of whom are lower income and may greatly benefit from the deduction.
The bill (H.3334/S.1520) will be heard before the Joint Committee on Revenue on Tuesday, June 13, at 10 am in State House Hearing Room B-2, in the Annex.
Housing co-op members are encouraged to contact their legislators to express support. In particular, the MAHC hopes that constituents will reach out and contact:
Legislators who are members of the Joint Committee on Revenue
Legislators from Boston and Cambridge, where many housing co-ops are located
Co-op residents are encouraged to contact their legislators and send a copy of letters and communications to MAHC.
Not sure who your state rep and senator are? Search here.