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2018 Utility Allowances for Alberta
Date
27 February 2018

Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2018 utility allowances for Alberta.

2018 Utility Allowances for BC
Date
1 January 2018

Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2018 utility allowances for BC.

Section 61 Program (1973–1978)

Program Objectives

  • To provide modest, affordable housing appropriate to the needs of low- and moderate-income families and individuals
  • To house mainly families whose incomes may be too high for public housing but who cannot compete in the open market for housing
  • To encourage the integration of

Section 95 Program (1979–1985)

Program Objectives

  • To provide modest, affordable housing appropriate to the needs of low- and moderate-income families and individuals
  • To produce housing at minimum cost by implementing appropriate cost controls
  • To encourage approved lenders to provide capital for low- and moderate-income

Index-Linked Mortgage (ILM) Program

Program Objective

To provide assistance for co-operative housing to promote security of tenure for households unable to access homeownership.

Deep-Need Programs (1982-1989)

This general outline applies to these deep-subsidy programs, with exceptions noted: Prince Edward Island Non-profit and Pre-86 and Post-85 Urban Native.

Program Objectives

To provide modest, affordable housing that meets the needs of low-income families and individuals (under the Urban-Native

A New Approach to Subsidy Repayment
Date
29 February 2016

S95 co-ops are well aware that their Subsidy Surplus Reserve is not allowed to grow beyond $500 per unit plus interest. Anything more than that must be paid back to Canada Mortgage and Housing Corporation (CMHC). Our clients are busy and some find the refund process something of a nuisance. This is

Automatic Subsidy Repayment
Date
6 April 2016

The money in a co-op’s Subsidy Surplus Reserve is not allowed to grow beyond $500 per unit plus interest. Anything more is paid back to CMHC every year. This process has not always gone smoothly for some of the Agency’s clients. We knew there was a better way, so we proposed a change, which CMHC has

Tip of the Month

No Vacancy Loss

28% of Agency clients lost no money to vacancies last year. Good, if this means members chose to stay in their units. Bad, if new members moved into units that hadn’t been refreshed.

Fill Your Units