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Update for Post-1991 ILM Co-ops in BC and Alberta
We are happy to share the news that CMHC has changed its position on surcharges for post-1991 ILM Co-ops in British Columbia and Alberta.
CMHC previously decided that co-ops in the program must continue to collect a surcharge if they have an operating agreement, even though their ILM mortgage has
Paying for Your Aging-in-Place Renovations
Is your co-op thinking about renovations that would help your members age in place? These changes may be considered major capital projects that can be quite costly.
However, depending on the location of your housing co-op, you can apply for various rebates that will help with reduce the expense.
Br
Information Sheet - Energy Audits
Q&A on Underfunded Reserves
Q&A on the End of the ILM CMHC Operating Agreement - Alberta / British Columbia
Q&A on the End of the ILM CMHC Operating Agreement - Ontario / PEI
Highlights of CMHC’s National Housing Conference
In March 2024, Canada Mortgage and Housing Corporation hosted a national housing conference on the theme “Unlocking Solutions Together,” which was attended by housing professionals from across the country, including the Agency’s CEO, Olga Tasci. CMHC has recently released a report entitled What We
Action Plan Basics
Tip of the Month
Capital Plans and Contributions
Comparing 2007 and 2020, we saw the median annual contributions per unit almost triple ($1,026 per unit to $3,052).