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  • Co-ops Basics: Operation of the Cooperative | UHAB | Urban Homesteading Assistance Board
    from Limited Equity Cooperatives A Legal Handbook produced by UHAB and Barry Mallin Esq Document Operation of the Cooperative pdf About UHAB History Staff Board Employment Glossary FAQs Useful Links Supporters Programs Organizing Preservation Development Technical Assistance Member Services Co op Members Member Services FLIP UHAB Fuel Recent Fuel Prices Oil Heat Program Connected Books Bookkeeping Services Market and Match UHAB University Harlem Training and Resource Center Assistance for Distressed

    Original URL path: http://www.uhab.org/co-op-members/resource-library/governance/co-ops-basics-operation-cooperative (2016-04-28)
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  • Guide to Calling a Special Meeting of Shareholders | UHAB | Urban Homesteading Assistance Board
    SPECIAL MEETING have them sign the AFFIDAVIT OF MEETING NOTICE and keep this for your files Every shareholder should receive a NOTICE at least ten days before the meeting For those who you cannot get in contact with send the NOTICE to them first class mail at least ten days before the meeting Also when distributing the meeting notice if a shareholder says that they will not be able to attend have them sign a PROXY appointing another person to cast their ballot for them Proxies have to be submitted to the secretary of the corporation before the meeting Shareholders are allowed to vote only once for themselves and one vote as proxy for someone else Everyone should be encouraged to participate in the meeting However shareholders who are in rent arrears more than two months delinquent and also tenants cannot vote It is imperative that the group of concerned shareholders who are looking for positive changes to happen in their housing cooperative do the preparation and planning ahead of time In order to accomplish this you should work out the details of how you ll execute the above process By following this process your meeting should go according to

    Original URL path: http://www.uhab.org/co-op-members/resource-library/governance/guide-calling-special-meeting-shareholders-0 (2016-04-28)
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  • HDFCs and Shareholders: How a Corporation Runs | UHAB | Urban Homesteading Assistance Board
    to provide housing to low and moderate income people based on the HDFC Corporation s Income Requirements Corporation owns the building It legally protects its owners the shareholders from certain legal and financial problems Corporation s value is divided equally into shares per apartment assigned at 250 shares per unit By Laws the rules which govern the Corporation such as elections meetings and financial reports Every NYS Business Corp has them Shareholders can change certain sections of the bylaws by a majority vote if such changes do not conflict with what is established under NYS Business Corporation Law Shareholding Tenants Known as shareholders they own the corporation which owns the building they live in Each shareholder has a share or stock certificate which shows ownership of part of the corporation These certificates have value and can increase in cost Shareholders have ultimate control of the corporation They elect A Board of Directors who will make decisions for them To the extent allowed by law shareholder can change their corporate rules if such changes offer no conflict with the NYS Business Corporation Law About UHAB History Staff Board Employment Glossary FAQs Useful Links Supporters Programs Organizing Preservation Development Technical Assistance Member

    Original URL path: http://www.uhab.org/co-op-members/resource-library/governance/hdfcs-and-shareholders-how-corporation-runs (2016-04-28)
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  • How to Increase Participation | UHAB | Urban Homesteading Assistance Board
    few items to work on announce the participation campaign at a general meeting and then implement your plan MANAGEMENT set up committees with specific duties and make sure that they meet regularly and function effectively review chapter six and learn how to plan conduct and follow up meetings effectively encourage frequent voting at meetings regularly delegate tasks to tenants who might be interested have floor captains who are responsible for doing outreach to their floors avoid conflicts of interest or even the appearance of favoritism toward the officers work to establish trust in the association get training for tenants who need it UHAB financial classes for a potential bookkeeper for example Encourage all tenants to attend UHAB seminars and classes translate at all meetings if there are people who don t speak English in the building identify tasks like phone calling or letter writing that the elderly or disabled can perform COMMUNICATION get a bulletin board for association business and keep it well stocked with information for the tenants slip important flyers letters under everyone s door praise people who participate explain how important and welcome their involvement is to the association conduct an education campaign to explain what TIL is how it works and what its benefits are go door to door invite a speaker from TIL or UHAB distribute the TIL By laws to the tenants every year speak to individual tenants to find out why they don t participate make a plan to include them in whatever capacity possible conduct workshops to teach all tenants basic management skills chairing meetings taking minutes agendas financial record keeping running committees publish a newsletter doing this in conjunction with another TIL building in your area is even better ask your UHAB or TIL coordinator for information that can be distributed

    Original URL path: http://www.uhab.org/co-op-members/resource-library/governance/how-increase-participation (2016-04-28)
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  • Income Limits Explained | UHAB | Urban Homesteading Assistance Board
    household income at or below 80 of the AMI is considered low income above 80 and up to 120 of the median income is considered moderate income Above this is middle income What are current income limits The commonly understood and accepted definition of low income is earning 80 or less of the median income for the metropolitan area UHAB encourages using 80 of AMI as the maximum income limits to maintain the affordability for those seeking housing In some cases HDFCs may actually be allowed to house people considered moderate income or up to 120 of median income so those numbers have been included as well Keep in mind 120 of AMI is the maximum allowable definition under HPD s new regulations See chart for current income limits What do these numbers mean for my HDFC Federal HUD guidelines establish that 30 of annual income should go towards housing An average maintenance amount in an HDFC building is between 110 to 125 per room For a 4 5 room apartment if the cost per bedroom was 110 then the monthly maintenance would be 495 the annual maintenance would be 5 940 If this was 30 of the person s income this apartment would be affordable to someone making 19 800 a year or who is at 45 of the AMI If the cost per room was 125 the price for a 4 5 room apartment would be 562 50 monthly the annual maintenance cost would be 6 750 If this was 30 of the person s income this apartment would be affordable to someone making 22 500 a year which is at 50 of the AMI Since the typical HDFC is so affordable UHAB encourages HDFCs to use 80 of median income as the upper limit on the income

    Original URL path: http://www.uhab.org/co-op-members/resource-library/governance/income-limits-explained (2016-04-28)
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  • Managing Your Manager | UHAB | Urban Homesteading Assistance Board
    Controlling this employer employee officer manager arrangement is the key to maintaining a good relationship with your manager and getting the best management services for your building Topics covered in document DETERMINING THE NEED FOR A MANAGER THINGS TO KEEP IN MIND SELECTING A MANAGER THE HIRING PROCESS THE MANAGEMENT CONTRACT TERMS OF EMPLOYMENT WORKING WITH YOUR MANAGER RETURNING TO SELF MANAGEMENT Document Managing Your Manager pdf About UHAB History

    Original URL path: http://www.uhab.org/co-op-members/resource-library/governance/managing-your-manager (2016-04-28)
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  • Sample House Rules | UHAB | Urban Homesteading Assistance Board
    clear of garbage and debris at all times The roof shall not be used for storage or disposal Tenants should not go to the roof for any purpose Children shall not be allowed to play in the public hallways or stairs Quiet hours shall be between the hours of 11pm and 8am on weekdays and 11pm and 11am on weekends During these hours tenants may not play loud music operate heavy machinery or make any loud noises which may disturb their neighbors Tenants are responsible for the behavior of their guests A violation of the house rules by a guest will be treated as a violation by that tenant Tenants shall maintain their apartments in a condition that does not create a fire and or health hazards including repulsive odors Tenants who wish to remove or install walls or make any alteration in their apartments must get the approval of the officers first Tenants are required to provide access to their apartments in order for repairs to be done Tenants will be given as much advance warning as possible when repairs are scheduled In case access must be gained for an emergency repair tenants should leave a copy of their

    Original URL path: http://www.uhab.org/co-op-members/resource-library/governance/sample-house-rules (2016-04-28)
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  • TIL: Management Survey | UHAB | Urban Homesteading Assistance Board
    your association s management The survey is divided into categories that correspond to the chapters in this guide If you answer no to some of the questions refer to the appropriate chapter for guidance on how to solve the problem If possible do the survey with the assistance of the other officers or interested tenants additional participants can help provide a comprehensive view of your management practices Document TIL Management

    Original URL path: http://www.uhab.org/co-op-members/resource-library/governance/til-management-survey (2016-04-28)
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