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2024 Utility Allowances for Alberta
2024 Utility Allowances for Ontario
Paying for Your Aging-in-Place Renovations
Is your co-op thinking about renovations that would help your members age in place? These changes may be considered major capital projects that can be quite costly.
However, depending on the location of your housing co-op, you can apply for various rebates that will help with reduce the expense.
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Information Sheet - Energy Audits
Q&A on the AIR for Auditors
Q&A on Underfunded Reserves
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
Hiring a Property Management Company
Let’s assume that your board has decided that hiring a property management company is the best way to look after the day-to-day work of managing your co-op.
Your co-op will want to choose a property-management company through a Request for Proposals (RFP). Our Guide to Hiring Property Management
Aging in Place at Kensington Seniors Co-op, PEI
Does your housing co-op want members to age in place but isn’t sure what they’ll need? You can start with a simple upgrade, such as installing non-slip flooring at the entrance to your co‑op. Grab bars near toilets and showers are an easy fix, as are detachable shower heads with flexible hoses.
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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.