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Topping up Your Capital Replacement Reserve after Mortgage Payout
Many co-ops in the Agency’s portfolio reached an important milestone in the past several years: finally paying off their mortgages. For many, that has opened wide new worlds of financial freedom. And the good news is that many co-ops are using that freedom to top up their capital reserves.
Energy Benchmarking: The First Step towards Energy Savings
What is energy benchmarking for buildings?
Natural Resources Canada (NRCAN)’s Energy benchmarking: the basics describes it as “the ongoing review of your organization’s energy consumption to determine if your building’s energy performance is getting better or worse.”
NRCAN notes that energy
Sample Action Plan Goals
Quick Guide to the Rental Assistance Online Calculator
The Self Assessment Questionnaire: Your Co-op’s Mirror
When was the last time your board discussed your building’s curb appeal? How about its approach to water conservation?
These are good questions to ask, and they’re good examples of what the Agency had in mind when we developed our online Self Assessment.
This tool will guide you through five key
Stay in Shape: Your Capital Replacement Reserve Plan
A capital replacement reserve plan is a crucial strategy for keeping your housing co-op in good repair over time. The plan outlines the anticipated lifespan of various elements within your property and estimates the funds necessary for their replacement or for major repairs.
In this article, we
Guide to Building Condition Assessments and Reserve Fund Studies
Request for Proposal Template for Consulting and Contract Administrative Services for Remedial Repairs
Tip of the Month
Capital Reserve Balance
61% of Agency clients hold a capital reserve balance of at least $6,000 per unit. By almost doubling the amount from 2007, co-ops are nearly twice as ready to meet their future needs.