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The Once and Future Sandy Hill Housing Co-operative
Treasurer Glenn Grignon of Sandy Hill Housing Co-op says the writing is on the wall.
Unlike most Ontario co-ops, which own their own land and buildings, this co-operative was developed on land leased from the University of Ottawa—and all leases have termination dates.
Although Glenn expects the
12 Tips to Keep Your Units Full
Diversity Scholarships Make a Difference
No argument—2020 has been a tough year for everyone. However, some of us have used the time to assess and reflect on our future. For you, this could mean continuing with your studies or going back to school after taking a break. If this possibility interests you, 2021 brings good news, provided you
Rental Assistance Program (FCHI-2)
Program Objectives
- To fund the difference between the occupancy charge and the geared-to-income charge for qualified households that cannot compete for housing in the open market
Program Features
- Unilateral federal program
- Available to housing co-operatives with operating agreements that expired
A New HomeRun for Co-ops
Do you ever wonder how your co-op is really doing? You know your buildings, your books and your members better than anyone, but getting a bigger picture through comparison can be an incredibly powerful tool.
That’s why we built a website we called HomeRun for Agency clients. It uses data collected
Fifty Years at the Co-operative Housing Federation of Toronto
Long ago, I was preparing to interview for the job of co-op coordinator. I knew little about housing co-ops, except that they were a good thing.
A friend at CHFT lent me CHFT’s first manual How to Run a Housing Co-op. I spent three hours on a folding chair in the office, reading and making notes
In Arrears? Who, Me?
A director is in arrears when they owe their co-op money. Simple. Easy to understand.
In the old days (B.A.: Before the Agency), many co-ops saw things differently. Back then, a director who had signed a repayment agreement might not count as being in arrears. If they were keeping up with their
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.
Managing Your Business
Housing co-operatives are small businesses formed to provide housing for their members. They prosper best when they are fully occupied and members pay their housing charges in full and on time.
A housing co-op is not a complex business, but it takes work to keep it going. As the steward of your
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.