Thursday 28 June 2012

Save the Co-op - Meeting with CMHC

After the first meeting, Adrian Estergaard and Cherise Craney went downtown to the CMHC offices to meet with Fleuri Perron and seek help with financing the repairs to the co-op.


CMHC wanted to help with the roofing repair by getting BC Housing to scope the work and then help secure funding through a 2nd mortgage or maybe the Stabilization Fund. Fleuri also mentioned that the co-op mortgage could be extended by 5 years to reduce payments and enable more borrowing/financing power.

Fleuri promised to get BC Housing involved to get a proper Scope of Work prepared for the roofing and to contact Dennis Carr at the City of Vancouver to help us secure funding.

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