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How the Community Housing Preservation Fund Helps Co-ops Prepare for the Future
Date
9 August 2023
As housing co-ops age, it’s no surprise that buildings wear down, wear out and need repairs and replacements.
But knowing what to replace, and when, isn’t always easy.
Your co-op will make better decisions if you use some (or all!) of the host of different reports and assessments available to
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.