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Q&A on Insurance for Housing Co-operatives
Q&A on Capital Replacement Plans and Asset Management Plans
Request for Proposal Template for Consulting and Contract Administrative Services for Remedial Repairs
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
Infectious Arrears
In co-ops where board members are behind on their housing charges, the amount all members owe is almost four times higher than in co-ops where board members pay on time. This number speaks for itself.