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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
Celebrating the Successful Roll-Out of the Rental Assistance Calculator
The Rental Assistance Program (FCHI-2) has been a lifesaver for co-op households of low and modest income. As the expiry of the legacy co-op housing programs came closer, about one third of co-op members faced the loss of a housing subsidy geared to their income—which would mean the loss of the co
Social Assistance and How to Calculate Housing Charges
Make Better Decisions for your Housing Co-op with Data-Driven Reports
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
Fifty Years at the Co-operative Housing Federation of Toronto
Long ago, I was preparing to interview for the job of co-op coordinator. I knew little about housing co-ops, except that they were a good thing.
A friend at CHFT lent me CHFT’s first manual How to Run a Housing Co-op. I spent three hours on a folding chair in the office, reading and making notes
Q&A: Annual Information Return (AIR) For Housing Co-ops
This is a short guide to better understanding the Annual Information Return (AIR) for housing co-ops and the importance of filing on time.
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
Two Great Green Funding Sources
AVAILABLE NOW!
The Green Kickstarter Fund (GKF) provides grants to help launch sustainable, energy-efficient initiatives that create a lasting environmental impact.
The grants under the Green Kickstarter Fund are exclusively available to non-profits. Funding will vary by project based on conditions
Celebrating the First Year of the Rental Assistance Calculator
The Agency celebrated the first anniversary of the launch of the Online Calculator for the Rental Assistance Program (FCHI-2) earlier this year
Last year, we completed the onboarding of all housing co-ops in the program. We can’t give enough thanks to the co-op managers, property management staff and
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.