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Ontario Housing Co-ops: How to Cut Your Energy Costs for a Better Bottom Line
If your co-op does business with Enbridge gas in Ontario, you’ll want to read this.
Enbridge Gas offers a program for Ontario housing co-operatives (customers only) that will mean energy savings.
The Affordable Multi-Family Housing Program provides money towards capital improvements that will cut
Funding Your Co-op Could Qualify For
CMHC’s National Housing Co-Investment Fund hasn’t drawn great interest from Agency clients so far. In fact, it may be the most overlooked funding source in Canada for housing co-ops. We’re hoping to change that.
The fund supports building repair and renewal, as well as new construction, with
Ontario Housing Co-ops: Energy-Efficient Growth
Enbridge Gas offers a program that will mean energy savings for Ontario housing co‑operatives (customers only) that are planning to add new units.
The Savings by Design Program is for new-construction projects, either low-rise or multi-family elevator buildings. The goal of the program is to
Is your co-op taking advantage of funding programs?
From new construction to sustainability upgrades, a housing co-op always has projects on its wish list.
Fortunately, Canada Mortgage and Housing Corporation (CMHC) and other organizations offer funding programs that your co-op can use to turn those wish-list items into reality.
CMHC Seed
Protecting the Environment
This world is the only one we have. Investing in sustainability will save your co-op money and protect future generations too.
Check out ideas from the Agency, Canada Mortgage and Housing Corporation (CMHC), Co-operative Housing Federation of Canada and others that will help reduce your co-op’s
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
Save Water
Sounds simple, but if every member uses less water, you can shrink your co-operative’s water bill, leaving more money for other priorities. Water rates may rise in future; now is the time to take action.
Tip of the Month
Plans in Action
The average co-op with an approved capital replacement plan tucks away more than $3,600 per unit in reserves each year--triple the 2007 amount. Does their future hold better windows? New kitchens? Savings mean more choices.