Session Summary

C05 Securing your co-op’s future: preserving our co-op homes

Friday, June 12 10:45 AM ET - 12:30 PM ET

Speaker
Caroline Chapman Caroline Chapman
Susana Cadavid Susana Cadavid
Description:
Are you worried about how your co-op will pay for major repairs or replacements in the years ahead? Are big-ticket items—like roofs, windows, or building systems—coming up, and you’re not sure how you’re going to pay for them and whether borrowing might be an option? If questions about your buildings’ long-term condition and affordability are keeping you up at night, this workshop is for you. Keeping co-op homes in good shape while maintaining affordable housing charges starts with good planning. This workshop will give you practical tools to build a robust long-term plan for your co-op. We’ll cover capital repair planning, balancing current and future member needs, and the funding options available to co-ops. You’ll also learn how the borrowing process works and what lenders look for when deciding to work with a co-op. With proactive planning, your co-op can protect its homes and remain strong for years to come.