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.
CHF Canada On-line Resource Centre
Project Management Guide
How to Manage a Budget for a Housing Project
Monthly Management Reports to the Board
Cannabis Legalization and Housing Co-ops
We’ve seen great strides made over the years in the number of Agency clients that send us their annual filings on time....
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A well-run housing co-op is a business where success depends on teamwork. When everyone is doing their part, the board is able to look to the co-op’s future. Staff can get their job done because the board has their back. Best of all, members can enjoy a great community life together.
Find out how your co-op measures up and how to be a better business.
The trend in co-op management is toward management companies. Volunteer-only co-ops make up half the share of our clients (4%) that they did in 2007. Co-ops with their own employees are down to 30% of Agency clients, while management companies serve 52%. The rest have only a bookkeeper.