Managing Your Business
Housing co-operatives are small businesses formed to provide housing for their members. They prosper best when they are fully occupied and members pay their housing charges in full and on time.
A housing co-op is not a complex business, but it takes work to keep it going. As the steward of your business, your board’s job is to see that the business thrives so that members’ homes are not only affordable, but a good place to live.
How-to information and resources can help your co-op succeed, but your board, staff and members will have to do the work yourselves.
Hundreds have done it and so can your co-op. Let’s get started.
Resources
Model Investment Policy
Guide to Investment Policy for Housing Co-operatives
Your Expiring Operating Agreement
Rental Assistance Program
Hire Good Help
Quick Guide to the Rental Assistance Online Calculator
News
What is Business Continuity Planning?
Business continuity planning is the process of developing strategies aimed at reducing the impact of a disruption to...
Update for Post-1991 ILM Co-ops in BC and Alberta
We are happy to share the news that CMHC has changed its position on surcharges for post-1991 ILM Co-ops in British...
Tip of the Month
Management Trend
The trend to hire management companies continues. 58% of co-ops hire management companies, compared to 28% that employ independent staff as their managers.