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Agency for Co-operative Housing
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
Q&A on Undertaking Capital Projects
The Agency for Co-operative Housing
Plan for the Future
Good planning is the secret behind a building that doesn’t look its age. Without a plan, your co-op can’t know how much you’ll need to save for major repairs. Until you know this, you don’t know what your housing charges should be.
Your plan begins with a recent building condition assessment that
Why is Capital Planning Important For Your Co-op?
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Risk Trend
92% of Agency clients have a Strengthening or Stable risk trend. Proof of many good decisions.