How long will I have to wait to get into a co-op? This is very hard to predict. Some people are lucky and get in within a few months. Some people have been waiting for several years. The co-ops on Vancouver Island were built under Federal government Co-op Housing Programs, the last of which was cancelled in 1992. Although a provincial housing program may allow some co-ops to be built in the future, no new co-ops are being built right now. That means someone must move out of a co-op before anyone can move in.