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2019 Annual Report
FCM: Sustainable Affordable Housing Fund
On May 15, the Federation of Canadian Municipalities (FCM) launched a $300 million fund to support sustainable affordable housing. This fund will help pay for the planning and delivery of retrofits and new construction for higher energy performance.
Here’s what we know so far from FCM….
The Green
Save Water
Sounds simple, but if every member uses less water, you can shrink your co-operative’s water bill, leaving more money for other priorities. Water rates may rise in future; now is the time to take action.
Use Less Energy
Are outdoor lights on sensors or timers? Has your co-op switched to LED lighting in your common spaces? Good investment! Not only will it use 75 to 90 % less electricity than incandescent, but the bulbs will last much longer.
Encourage your members to cut energy use too. They can turn down the
Grants and Loans
Grants and loans come and go, as government priorities change at the federal, provincial and municipal levels. Those that support environmental sustainability in not-for-profit housing are no different. Opportunities can change without notice, so when you discover one, go for it right away.
Plant a Garden
Even a modest property can look beautiful when it includes colourful gardens and mature trees. People will want to live there and the co-op’s neighbours will love you.
Some co-ops have generous outdoor common space with plenty of room for a community garden. Others were built almost to the lot line
Your Environmental Sustainability Policy
Co-ops that care about climate change and want to shrink their environmental footprint should consider approving their own Environmental Sustainability Policy. A model is available from the Co‑operative Housing Federation of Canada. It was written so that you can easily remove any points that don’t
Our Story
Early in 1992, the federal government announced the end of its last program for developing new housing co-operatives. One year later, the other federal housing programs came to an end. The federal Budget of 1996 offered control of these legacy housing programs to the provinces and territories, but
Our Governance
Our board and committees
The Agency’s Board of Directors sees to the fulfilment of the Agency’s mandate and the terms of its contract with Canada Mortgage and Housing Corporation (CMHC). Directors are recruited from the major geographic regions where the Agency has clients. Appointed by the board
Tip of the Month
Risk Trend
92% of Agency clients have a Strengthening or Stable risk trend. Proof of many good decisions.