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Like a Bridge: 2021 Annual Report
What was 2021 like for the Agency and our clients? Our annual report is calling it a bridge year—the year when we began to cross from one reality to another.
Almost two-thirds of you had moved to CMHC’s Rental Assistance Program (FCHI-2) by year end. When our clients change, the Agency changes
Welcoming New Co-ops to the Rental Assistance Program
This month, the Agency is excited to welcome a new batch of co-op clients to the Rental Assistance Program (FCHI-2).
After the federal government’s announcement of $118.2 million in new funding earlier this year, co-ops with operating agreements that expired before April 2016 were able to sign on
Topping up Your Capital Replacement Reserve after Mortgage Payout
Many co-ops in the Agency’s portfolio reached an important milestone in the past several years: finally paying off their mortgages. For many, that has opened wide new worlds of financial freedom. And the good news is that many co-ops are using that freedom to top up their capital reserves.
Four Sisters Housing Co-operative: Farewell to Section 95
A refuge for activists who strive for social justice in the heart of Vancouver’s Downtown East Side
A roof garden with a heart-lifting view that looks to the ocean and the loom of mountains
Affordable housing in expensive Vancouver
Bosky pocket-garden terraces and a meeting room with a full
2022 Client Service Report Card
The Open Road: The Agency’s 2022 Annual Report
The Agency saw 2021 as a bridge year of transition from one reality to another. Once we’d made the crossing, 2022 looked like The Open Road to us.
The road ahead is full of possibilities.
In 2022, we began to work with co-ops that had been shut out from the Rental Assistance Program because their
A New Board for 2023-2024
The Agency’s director from the Prairies Region has now retired after serving three three-year terms. Ken McFarland will be missed for more than his stellar ability to dig into a set of financial statements.
A chartered accountant and former member of a Toronto housing co-operative, Ken served as
2020 Annual Report
2020 Client Service Report Card
Tip of the Month
Infectious Arrears
In co-ops where board members are behind on their housing charges, the amount all members owe is almost four times higher than in co-ops where board members pay on time. This number speaks for itself.