Search
Agency for Co-operative Housing
Director Arrears - Sample By-Law Provisions Respecting Director Arrears (ON)
Agency for Co-operative Housing
Director Arrears - Stand-Alone By-law (Ontario)
Agency for Co-operative Housing
Capital Replacement Planning Workbook
CMHC
Q&A on Underfunded Reserves
Agency for Co-operative Housing
Topping up Your Capital Replacement Reserve after Mortgage Payout
Date
24 August 2022
Many co-ops in the Agency’s portfolio reached an important milestone in the past several years: finally paying off their mortgages. For many, that has opened wide new worlds of financial freedom. And the good news is that many co-ops are using that freedom to top up their capital reserves.
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.