COOPSERVATIONS
COOPSERVATIONS is NAHC’s newest resource. Our blog focuses on topics most relevant to professionals in the co-op industry. Cooperative housing governance, development, financial issues and more are up for discussion. Stand with NAHC at the forefront of cooperative housing issues to keep the conversation going.
Ethical Conduct Makes for Good Governance: A Guide for New Cooperative Directors
by webmaster | March 19, 2018 | Cooperative Housing Governance
By Douglas M. Kleine, CAE Lying, cheating and stealing make good headlines, whether on the front page, the sports page or the business page. Since cooperative members are already aware of illegal activity to avoid, ethical conduct and relationships are appropriate and important to broach on three levels; conduct and relationships in the boardroom and […]
Fire Protection in Aging Buildings is Paramount
by webmaster | March 19, 2018 | Physical Management of Housing Cooperatives
While there are many building components that can cause considerable damage when they fail, nothing is as dangerous as a failure to the electrical system. Malfunctioning devices and aging wiring can cause fire, electrocution and even death under certain circumstances. The threat of fire is even more significant in multifamily housing because a fire in […]
Fire Safety: A Tragic Reminder of Importance
by webmaster | March 19, 2018 | Physical Management of Housing Cooperatives
On December 28, 2017, New York City had the deadliest fire since the 1990s where there were 12 fatalities, three of them children. While this happened in a rental building, the construction is like many cooperative buildings in the city, and this incident reminds us all, regardless of building size or location of the importance […]
Green Rewards Could Save Your Cooperative Money
by webmaster | March 12, 2018 | Financial Issues of Concern for Housing Cooperatives
By David Wilkins Many stories have been written about the value of employing energy savings devices throughout cooperatives. These stories explore the virtue of cost savings and the benefits of living green. But, did you know that going green can also reduce the cost of mortgage interest for your community’s loan? What are Green Rewards? […]
Seven Common Budgeting Mistakes and How to Avoid Them
by webmaster | March 12, 2018 | Financial Issues of Concern for Housing Cooperatives
By Bill Henley Each year, a cooperative’s board of directors must decide on a budget for the coming year in order to pay the bills in a timely manner, fund reserves and maintain the asset. This is a principal responsibility of the board of directors as outlined in the corporate bylaws. Budgeting is challenging for […]
