HSB (Cooperative Housing Organization)
What does it mean?
HSB (Hyresgästernas Sparkasse- och Byggnadsförening) was founded in 1923 and is one of Sweden's largest cooperative housing organizations. HSB is owned by its members and operates through regional associations across the country. The organization builds, manages, and sells cooperative apartments and has approximately 640,000 members and 4,000 housing cooperatives.
HSB offers financial management, technical management, and legal advice to its housing cooperatives. Through HSB's savings program (bosparande), young people can start saving early and get priority access to newly built cooperative apartments. HSB also provides property management for external clients and is a significant player in Swedish housing construction.
Key Points
- Founded in 1923 — one of Sweden's oldest and largest housing cooperatives
- Approximately 640,000 members and 4,000 housing cooperatives
- Offers management, legal advice, and technical support to BRFs
- HSB savings program — save to get priority for new construction
- Operates through regional HSB associations throughout Sweden
Practical Tip
Living in an HSB cooperative? Make sure to use the membership benefits — legal advice, board member training, and technical support. HSB's savings program can give you priority for newly built apartments.