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Leaky Co-ops

Co-ops were not immune to leaky building envelopes. In the late 1990s and early 2000s, dozens of co-ops found themselves with prematurely failing envelopes.

CHF BC helped members organize and lobby senior levels of government to preserve the viability of ‘leaky’ co-ops. In all, more than 60 co-ops found solutions through workout loans and other forms of aid. It made a big difference. The picture shows a re-mediated co-op on the left, and, on the right, how it looked before being fixed.