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2024 Rental Assistance Portfolio Review
Rental Assistance Program Helps 4,500 Households Stay Housed in 2024
Since CMHC launched the program as part of the 2018 National Housing Strategy, the Rental Assistance Program (FCHI-2) has been a lifeline that helps keep low and moderate-income Canadians housed according to their means.
With the release of our first Rental Assistance Portfolio Review Report, we’re
Rental Assistance Program (FCHI-2) Overview
Program Objectives
- To fund the difference between the occupancy charge and the geared-to-income charge for qualified households that cannot compete for housing in the open market
Program Features
- Unilateral federal program
- Available to housing co-operatives with operating agreements that expired after
Rental Assistance Program (FCHI-2) Resources
Program Description and Rules
- Summary of Rental Assistance Program Obligations
- Who Does What?
- Overview of Rental Assistance for S95 co-ops
- Overview of CMHC’s Rental Assistance Program for ILM Co-operatives in Ontario
Rental Assistance Calculation Resources
Rental Assistance Program (FCHI-2)
The Rental Assistance Program (FCHI-2), administered by the Agency on behalf of CMHC, is a federal initiative designed to support housing co-operatives whose operating agreements have expired. Its main goal is to bridge the gap between market-level occupancy charges and the geared-to-income charges
Self-Assessment Federation Support Page
This page is designed to support Federations in their role as managers of the Self-Assessment and providers of first-level support to participating co-operatives. It brings together key resources, step-by-step How-To documents, and guidance to help you respond to common questions, support users
2024 Rent Supplement Portfolio Review
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.