Q&A: Annual Information Return (AIR) For Housing Co-ops
This is a short guide to better understanding the Annual Information Return (AIR) for housing co-ops and the importance of filing on time.
This is a short guide to better understanding the Annual Information Return (AIR) for housing co-ops and the importance of filing on time.
We’ve seen great strides made over the years in the number of Agency clients that send us their annual filings on time. Recently, we recognized thirty-six co-ops—about seven per cent of our clients—for 10 years of on-time filing. Like all of our clients, these co-ops have their auditor file an
Clients at High risk make up only 9.9% of the Agency’s portfolio, down from 16.3% in 2008. Proof that struggling co-ops can strengthen their operations.