Q&A: Annual Information Return (AIR) For Housing Co-ops
This is a short guide to better understanding the Annual Information Return (AIR) for housing co-ops and the importance of filing on time.
This is a short guide to better understanding the Annual Information Return (AIR) for housing co-ops and the importance of filing on time.
The Annual Information Return is the online form your auditor files on your behalf with the Agency for Co-operative Housing. Several back-up documents accompany the filing:
Your co-op’s needs and concerns, as we understand them, are at the core of the services and tools the Agency provides. We aren't perfect, and we recognize that our delays and technical issues have frustrated our busy co-operative clients.
We are deeply grateful to you for your patience and
Under new federal rules introduced in August 2016, landlords have little recourse if a tenant is growing licenced medical marijuana in their unit. There’s a risk, though, that insurance policies will not cover damages from any activities deemed ‘high risk’, and, in most cases, the operation of a
We’ve seen great strides made over the years in the number of Agency clients that send us their annual filings on time. Recently, we recognized thirty-six co-ops—about seven per cent of our clients—for 10 years of on-time filing. Like all of our clients, these co-ops have their auditor file an
Comparing 2007 and 2020, we saw the median annual contributions per unit almost triple ($1,026 per unit to $3,052).