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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
Make Better Decisions for your Housing Co-op with Data-Driven Reports
Date
21 May 2024
Co-op members serving on the board of directors have a big responsibility. They’ve been entrusted to make decisions, but knowing how and why to make certain decisions isn’t always easy.
To make well-informed choices, it’s important to have all data and facts in front of you. And that same
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
Protecting the Environment
This world is the only one we have. Investing in sustainability will save your co-op money and protect future generations too.
Check out ideas from the Agency, Canada Mortgage and Housing Corporation (CMHC), Co-operative Housing Federation of Canada and others that will help reduce your co-op’s
Action Plan Basics
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.