Guide to Maintenance Planning in your Housing Co-op
Agency for Co-operative Housing
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Your Expiring Operating Agreement
Over the next few years, many housing co-operatives will see their operating agreement come to an end. This event could mean a new beginning for your co-op. You can enjoy a bright future without an operating agreement—provided you play your cards right.
Perhaps your co-op’s future includes major
A Thank-You We Are Proud To Share
Date
3 June 2020
Over the past 15 years, the Agency has worked with a number of co-operatives facing serious and complex financial challenges. Effective solutions can be difficult to achieve. They demand flexibility and an enormous commitment to positive change from everyone involved. At the Agency, nothing makes us
Guiding the end of your operating agreement
Date
18 June 2020
The Agency has developed a new information source that can guide your co-op as you navigate to the end of your CMHC agreement. The web page we’ve called Your Expiring Operating Agreement will help you chart the best course as your co-op embarks on its new chapter. Serving as an information hub, the
Chadwick Towers Prepays its Mortgage
Date
13 July 2020
In 2018 CMHC made an offer to a particular group of clients, which the Agency encouraged them to accept. For a limited time, S61 co-ops locked into a high interest rate could prepay their mortgages without the usual penalty. (Unfortunately, the opportunity is no longer available.) Chadwick Towers, a
Overview of Rental Assistance (FCHI-2) for S95 co-ops
Agency of Cooperative Housing
Thinking about cutting your maintenance costs? Think again
Date
24 November 2020
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
Agency for Co-operative Housing
2021 Utility Charges for Rental Assistance Clients
CMHC
2021 Utility Allowances
Date
19 April 2021
CMHC has provided the Agency with the 2021 utility allowances.
Tip of the Month
High-Risk Clients
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.