Getting your year-end filings done on time is good for everyone! You’ll fulfill your co-op’s legal obligation and get your Agency performance reports that much sooner. Also, Agency staff would rather do other things than hound you for documents.
Here are a few helpful reminders for you when your
We’re pleased to announce the official launch of our online Rental Assistance Calculator.
This tool was developed to help co-ops in the Rental Assistance Program (FCHI-2) calculate assisted charges, track their total use of assistance, and submit their year-end reconciliation.
While developing
Every year, Agency clients ask their auditor to web-file their Annual Information Return (AIR) to fulfill their annual filing obligation under their CMHC agreement four months after the end of their fiscal year. The annual filing also includes your co-op’s audited financial statements, signed board
The Annual Information Return is the online form your auditor files on your behalf with the Agency for Co-operative Housing. Several back-up documents accompany the filing:
This is a short guide to better understanding the Annual Information Return (AIR) for housing co-ops and the importance of filing on time.
Your co-op’s needs and concerns, as we understand them, are at the core of the services and tools the Agency provides. We aren't perfect, and we recognize that our delays and technical issues have frustrated our busy co-operative clients.
We are deeply grateful to you for your patience and
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.