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Stay in Shape: Your Capital Replacement Reserve Plan
A capital replacement reserve plan is a crucial strategy for keeping your housing co-op in good repair over time. The plan outlines the anticipated lifespan of various elements within your property and estimates the funds necessary for their replacement or for major repairs.
In this article, we
Q&A on Undertaking Capital Projects
Heat Pump Energy Performance Study
A performance study of the new heat pumps instaled at Oshawa and Black Creek Co-operative Homes in Ontario. Heat pumps found to provide greater efficiency with heating as well as cooling during the summer
Q&A on Energy Audits
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 Reserve Balance
61% of Agency clients hold a capital reserve balance of at least $6,000 per unit. By almost doubling the amount from 2007, co-ops are nearly twice as ready to meet their future needs.