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Q&A on Directors in Arrears
Agency for Co-operative Housing
Data Shows Directors in Arrears is a Declining Risk and a Rising Standard of Good Management
Date
8 October 2025
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
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Vacancy Loss
The number of Agency clients reporting vacancy losses of more than $250 per unit per year has fallen 50% since 2007. While vacancy rates are local, these numbers show good management.