Request for Building Condition Assessment Bids Template
Agency for Co-operative Housing
Search
BC Housing Provider Kit - Managing Housing Assets
BC Housing
Replacement Reserve Spending Form
Agency for Co-operative Housing
Q&A on Underfunded Reserves
Agency for Co-operative Housing
CMHC Bulletin: Replacement Reserve Guide
CMHC
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
Co-ops without Paid Managers
Since 2007, the percentage of co-ops without paid help is down by more than half to a mere 2% of Agency clients. Another 12% just have a lonely bookkeeper.