This document, published by CHF Canada, outlines the process for co-ops to secure a new mortgage for renovations and repairs, emphasizing the importance of an asset management plan. Key steps include updating the building condition assessment, obtaining member approval, and engaging with lenders to secure financing.
Topics include: mortgage refinancing, Asset Management Plan, co-op renovations.
CHF Canada’s resource centre is available to all members of CHF Canada member co-ops. If your co-op is a CHF Canada member, follow this link to sign up and get access to exclusive educational resources: