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New Money from CMHC for Planning
Is your co-op thinking of completing a Building Condition Assessment (BCA) or a Capital Replacement Reserve Plan (CRP)? Now’s your chance.
Canada Mortgage and Housing Corporation (CMHC) has just announced the Preservation Fund, an offshoot of their Seed Funding program, which allows co-ops with
Building Condition Assessment & Reserve Fund Study - Tips for Reviewing your Draft Report
Guide to Building Condition Assessments and Reserve Fund Studies
Project Management Guide
Paying for Your Aging-in-Place Renovations
Is your co-op thinking about renovations that would help your members age in place? These changes may be considered major capital projects that can be quite costly.
However, depending on the location of your housing co-op, you can apply for various rebates that will help with reduce the expense.
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Information Sheet - Energy Audits
Aging in Place at Kensington Seniors Co-op, PEI
Does your housing co-op want members to age in place but isn’t sure what they’ll need? You can start with a simple upgrade, such as installing non-slip flooring at the entrance to your co‑op. Grab bars near toilets and showers are an easy fix, as are detachable shower heads with flexible hoses.
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Tip of the Month
Plans in Action
The average co-op with an approved capital replacement plan tucks away more than $3,600 per unit in reserves each year--triple the 2007 amount. Does their future hold better windows? New kitchens? Savings mean more choices.