Search
CMHC Bulletin: Net Operating Revenue Policy
CMHC
2022 Utility Allowances for Ontario
CMHC
2022 Utility Allowances for Alberta
CMHC
2022 Utility Allowances for British Columbia
CMHC
2022 Utility Charges for Rental Assistance Clients
CMHC
Q&A on Underfunded Reserves
Agency for Co-operative Housing
Topping up Your Capital Replacement Reserve after Mortgage Payout
Date
24 August 2022
Many co-ops in the Agency’s portfolio reached an important milestone in the past several years: finally paying off their mortgages. For many, that has opened wide new worlds of financial freedom. And the good news is that many co-ops are using that freedom to top up their capital reserves.
Tip of the Month
Arrears Cost
Half the Agency's clients have member arrears and bad debts below $44 a unit, and half above. In 2007, the midpoint was $86. Great news in a challenging year.