Funding Programs

The major federal co-operative housing programs differ in detail, but have similar goals:

• to provide modest, affordable housing that meets the needs of low- and moderate-income Canadians
• to encourage the social integration of families and individuals of different incomes
• to promote security of tenure for households unable to buy their own homes.

Some co-operatives continue to use the older names for their programs: 34.18 for S61; and 56.1 for S95. The Federal Co-operative Housing Program (FCHP) is the official name for what many co-ops call the ILM Program.

A brief description of the main programs is available below. Detailed information about the programs, in plain language, is available at CMHC’s Program Guidelines.

Documents to consult

• Section 61 Program
• Section 95 Program
• ILM Program
• Deep-Need Programs