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Q&A on Risk Rating
Performance Report Q&A
Q&A on Insurance for Housing Co-operatives
Risk Matters for Your Co-op
Every year, every Agency client housing co-op receives a Risk Assessment Report. It is one of the most valuable tools for understanding your co-op’s financial health and future prospects.
The report, together with the Plain Language Financials and Performance Report, is part of the Agency’s Annual
Data Shows Directors in Arrears is a Declining Risk and a Rising Standard of Good Management
Over the last twenty years, the Agency has made significant strides in helping housing co-operatives address the issue of directors in arrears as a part of its client risk assessment.
In 2007, 28% of co-ops reported having directors who owed money to their co-op. But by 2024, that number dropped to
Risk Ratings Improve Across Co-op Portfolio
From our early beginnings, one of the primary tools the Agency has used to help co-ops improve their operations is their risk rating.
Essentially, a risk rating identifies a co-op’s current degree of health and its future prospects, based on evaluations of its financial strength, operational
Tip of the Month
Capital Reserve Balance
61% of Agency clients hold a capital reserve balance of at least $6,000 per unit. By almost doubling the amount from 2007, co-ops are nearly twice as ready to meet their future needs.