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Q&A on CHAIS (Co-op Housing Agency Information System)
Making Sense of Your Dollars and Cents
When the Agency for Co-operative Housing was established in 2005, our mission was clear: help federally funded housing co-ops improve their operations.
And, as for most businesses, dollars and cents play a big role in that.
We needed a way to help co-op members better understand their co-op’s
2024 Housing Co-op Performance Data Paints a Picture of a Strong Sector
Two decades into the Agency’s oversight of federally administered housing co-ops, we’re proud to say that many are doing better than ever.
Our 2024 Biannual Portfolio Performance Review shows housing co-ops that are well-managed, financially stable and more resilient.
And, even better, we are seeing
Q&A on Capital Replacement Plans and Asset Management Plans
Our Governance
Our board and committees
The Agency’s Board of Directors sees to the fulfilment of the Agency’s mandate and the terms of its contract with Canada Mortgage and Housing Corporation (CMHC). Directors are recruited from the major geographic regions where the Agency has clients. Appointed by the board of
Risk Matters for Your Co-op
Every year, every Agency client housing co-op receives a Risk Assessment Report. It is one of the most valuable tools for understanding your co-op’s financial health and future prospects.
The report, together with the Plain Language Financials and Performance Report, is part of the Agency’s Annual
Data Shows Directors in Arrears is a Declining Risk and a Rising Standard of Good Management
Over the last twenty years, the Agency has made significant strides in helping housing co-operatives address the issue of directors in arrears as a part of its client risk assessment.
In 2007, 28% of co-ops reported having directors who owed money to their co-op. But by 2024, that number dropped to
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.