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New Money from CMHC for Planning
Is your co-op thinking of completing a Building Condition Assessment (BCA) or a Capital Replacement Reserve Plan (CRP)? Now’s your chance.
Canada Mortgage and Housing Corporation (CMHC) has just announced the Preservation Fund, an offshoot of their Seed Funding program, which allows co-ops with
Paying for Your Aging-in-Place Renovations
Is your co-op thinking about renovations that would help your members age in place? These changes may be considered major capital projects that can be quite costly.
However, depending on the location of your housing co-op, you can apply for various rebates that will help with reduce the expense.
Br
CHF Canada Greener Co-op Microgrant
Would you like your co-op to have a positive impact on the environment? Do you want to decrease your consumption of non-renewable resources and save money while doing it? Maybe you’d like to start a community garden, or install a few rain barrels? Do you want to explore adding solar panels or a roof
Recouping your Loss from Fraud
The Agency has discovered that some housing co-operatives victimized by fraud are unable to collect on their insurance because they miss the deadline for reporting their loss. Others don't try to make a claim out of the mistaken belief that a claim won't succeed without a criminal conviction.
Our
Tip of the Month
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.