Auditor’s Guide to the AIR
The Agency for Co-operative Housing
In recent years, with sustained high inflation affecting many goods and services, we looked at the audit fee data reported by housing co-ops in our portfolio.
Our analysis shows that audit fees are on the rise. Specifically, from 2022 to 2025, the average annual increase for housing co-op audit
Clients at High risk make up only 9.9% of the Agency’s portfolio, down from 16.3% in 2008. Proof that struggling co-ops can strengthen their operations.