Request for Building Condition Assessment Bids Template
Agency for Co-operative Housing
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BC Housing Provider Kit - Managing Housing Assets
BC Housing
Replacement Reserve Spending Form
Agency for Co-operative Housing
Q&A on Underfunded Reserves
Agency for Co-operative Housing
CMHC Bulletin: Replacement Reserve Guide
CMHC
Topping up Your Capital Replacement Reserve after Mortgage Payout
Date
24 August 2022
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.
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.