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Guide to Maintenance Planning in your Housing Co-op
Community Development and Education Plan
Thinking about cutting your maintenance costs? Think again
Maintenance costs are a big part of your co-op’s annual budget. Unlike with your mortgage, insurance and property taxes, you can decide to cut your maintenance costs. And we usually think that lower costs are better.
But wait! With maintenance costs, lower might not be better. Lower maintenance
12 Tips to Keep Your Units Full
Caring for Your Buildings
Housing co-operatives have just one valuable asset: their property. So it makes sense to take care of it.
A well-kept housing co‑operative has prouder, happier members who love their homes. It’s a place where other people want to live. And one that will serve generations to come, far into the
Get Paid
Your co-operative is in the housing business, not the lending business. It has bills to pay and a building to keep up. You should keep this in mind when members don’t pay on time.
If a household doesn’t pay what it owes and moves out, the co-operative is left with a bad debt, which will have to be
Stay in Good Shape
A residential building requires constant maintenance. Blame it on entropy.
There are caretaking tasks to be done daily or every few days, such as clearing snow, polishing the glass at the entrance, cutting the grass and cleaning the halls, elevators and laundry room.
Routine maintenance should
What is Business Continuity Planning?
Business continuity planning is the process of developing strategies aimed at reducing the impact of a disruption to normal business operations. The goal of business continuity planning is to ensure that, even during a disruption, a co-operative’s business operations can continue at a reduced but
Tip of the Month
Falling Risk
51% of Agency clients are now rated Low or Moderate risk, up from 39% in 2007.