12 Tips to Keep Your Units Full
Agency for Co-operative Housing
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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
Protect Your Assets
Your co-op has three main assets, although only one appears on the audited financial statements.
Your money and buildings
Protect your co-op‘s property by buying the right insurance in the right amounts. All housing co-ops need five kinds of insurance: property, loss of housing charges, public
What is Business Continuity Planning?
Date
20 March 2024
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
Tips for keeping your co-op cybersafe
Date
14 May 2024
As everything in our world becomes increasingly digital, and more business activities move online, the importance of thinking about cybersecurity grows.
And not just for big organizations. Even housing co-ops can be targets for cyber criminals.
Is this something you’ve talked about at your co-op?
Make Better Decisions for your Housing Co-op with Data-Driven Reports
Date
21 May 2024
Co-op members serving on the board of directors have a big responsibility. They’ve been entrusted to make decisions, but knowing how and why to make certain decisions isn’t always easy.
To make well-informed choices, it’s important to have all data and facts in front of you. And that same
A New HomeRun for Co-ops
Date
4 July 2024
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
In Arrears? Who, Me?
Date
15 October 2024
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
2023 Changes to the Ontario Co-op Corporations Act: What You Need to Know
Date
11 February 2025
When the Co-op Corporations Act in Ontario was updated in 2023, a number of changes were made. Your co-op's by-laws need to reflect these changes. So, there’s work ahead for the board of directors, staff and members to align your own by-laws with the recently revised Act – if you haven’t already
Tip of the Month
Infectious Arrears
In co-ops where board members are behind on their housing charges, the amount all members owe is almost four times higher than in co-ops where board members pay on time. This number speaks for itself.