Housing Charge Revenue Reconciliation
Agency for Co-operative Housing
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Update for Post-1991 ILM Co-ops in BC and Alberta
Date
14 March 2024
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
2024 Utility Allowances for British Columbia
2024 Utility Allowances for PEI
2024 Utility Allowances for Alberta
2024 Utility Allowances for Ontario
Q&A on the End of the ILM CMHC Operating Agreement - Alberta / British Columbia
Agency for Co-operative Housing
Q&A on the End of the ILM CMHC Operating Agreement - Ontario / PEI
Agency for Co-operative Housing
Highlights of CMHC’s National Housing Conference
Date
6 January 2025
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
Tip of the Month
Capital Reserve Balance
61% of Agency clients hold a capital reserve balance of at least $6,000 per unit. By almost doubling the amount from 2007, co-ops are nearly twice as ready to meet their future needs.