Member-Owner Types
Member-Owner Types
Purple Porch offers three different types of lifetime member-ownerships, all with the same owner benefits. Member-ownerships are held by an individual and may be shared with one other person in their household. Equity is payable in full or in installments. If you open an installment membership online, you will pay only the first installment online. Subsequent quarterly installments are payable in-store.
Those purchasing $100 shares hold the same benefits and responsibilities as those purchasing $200 shares. If/when able to at a later time, it is understood that the owner will pay the additional $100. Student and Low-Income member-owners should be either: 1) a recipient of one or more of the following: food stamps (EBT), supplemental security income (SSI), Medicaid, WIC program, Family Health Plus and Child Health Plus, or Section 8 housing subsidy, 2) able to qualify for such programs if they so choose, or 3) a full-time student.
Standard
A Standard Member-Ownership is $200. This amount may be paid in full, or in eight $25 quarterly installments. To purchase this type of equity, select your desired payment below.
Student
A Student Member-Ownership is $100. This amount may be paid in full, or in ten $10 quarterly installments. To purchase this type of equity, select your desired payment below.
Low-Income
A Low-Income Member-Ownership is $100. This amount may be paid in full, or in ten $10 quarterly installments. To purchase this type of equity, select your desired payment below.
*Note: Please allow up to 72 hours for new Member-Owner accounts initiated online to be fully activated in-store. Thank you!