Q&A on Undertaking Capital Projects
The Agency for Co-operative Housing
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In Arrears? Who, Me?
Date
15 October 2024
A director is in arrears when they owe their co-op money. Simple. Easy to understand.
In the old days (B.A.: Before the Agency), many co-ops saw things differently. Back then, a director who had signed a repayment agreement might not count as being in arrears. If they were keeping up with their
Plan for the Future
Good planning is the secret behind a building that doesn’t look its age. Without a plan, your co-op can’t know how much you’ll need to save for major repairs. Until you know this, you don’t know what your housing charges should be.
Your plan begins with a recent building condition assessment that
Tip of the Month
Capital Plans and Contributions
Comparing 2007 and 2020, we saw the median annual contributions per unit almost triple ($1,026 per unit to $3,052).