The housing association Rate Terrasse is a housing project located in Trondheim. The housing association offers a number of homes that are designed for different needs, and it is part of the local housing market. As a form of housing, the housing association gives its members the opportunity to own a share of the property, while at the same time sharing joint costs and responsibility for operation and maintenance.
The housing association focuses on community and cooperation among residents, which can contribute to a good living environment. A board is usually established which handles the day-to-day operations and makes decisions on behalf of the members. The housing association may also have common areas and facilities that the residents can use.