Let's start our look at good governance by reminding ourselves how important it really is to have an effective board.
The success of your housing co-op depends so much on your board of directors. You may have a good manager, a competent auditor, sound advice from the co-op housing sector, the Agency for Co-operative Housing, and government partners - and it can still all go wrong if the board isn't doing its job properly. Because the board can make decisions and recommendations and take actions that have an enormous effect on the co-op-for better or for worse.