Which of the following types of housing includes shared ownership?

The correct answer is cooperatives. This type of housing specifically involves shared ownership, where residents own shares in a corporation that owns the entire property. Instead of owning a specific unit, each resident has a proprietary lease that allows them to occupy one of the units in the building. This shared ownership structure means that decisions about the property are made collectively by the shareholders, which can affect everything from maintenance costs to rules governing the property.

In contrast, planned unit developments (PUDs) typically involve individual ownership of homes along with shared common areas, but they do not require shared ownership in the same way as cooperatives. Apartment complexes are often owned by a single entity or landlord, with tenants renting their individual units, leading to no ownership interest in the property itself. Single-family homes are owned outright by individuals, allowing for no shared ownership or collective decision-making regarding the property. Thus, cooperatives stand out as having a distinct model of shared ownership within housing options.