Q&A About Capital Replacement Reserve Plans
Agency for Co-operative Housing
Search
Capital Replacement Planning Workbook
CMHC
Q&A on Underfunded Reserves
Agency for Co-operative Housing
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.
Stay in Shape: Your Capital Replacement Reserve Plan
Date
20 December 2023
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
Tip of the Month
Directors in Arrears
8% of Agency clients have board members in arrears. Good work, especially in a COVID year. In 2007, 28% reported director arrears.