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Winning with the Rapid Housing Initiative
COVID-19 has exposed the desperate need for more affordable housing. As part of the National Housing Strategy (NHS), CMHC has developed an extra funding model to speed up the delivery of affordable housing units in the teeth of the pandemic. Called the Rapid Housing Initiative (RHI), it provides
Summary of Rental Assistance Program (FCHI-2) Obligations
Rental Assistance Program (FCHI-2)
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
CMHC Rent Supplement Program
Canada Mortgage and Housing Corporation (CMHC) Rent Supplement Program Objectives
- To help households in need by setting a limit on the percentage of their incomes used to pay rent in Ontario and Prince Edward Island. The program funds the difference between the occupancy charge and the geared-to
Payments to CMHC
12 Tips to Keep Your Units Full
Temporary Rental Assistance
Welcome to the first step in getting registered for the Temporary Rental Assistance program from CMHC.
Please complete the enrollment form using this link.
Soutien temporaire au loyer
Bienvenue à la première étape de l'inscription au programme d'aide au logement temporaire de la SCHL.
Veuillez remplir le formulaire d'inscription en utilisant ce lien.
The Offer We’ve Been Waiting For: Temporary Rental Assistance
Special one-time rental assistance is now available to housing co-operatives and non-profit housing providers whose operating agreements ended before April 1, 2016.
Just as the name says, temporary rental assistance is not long term, but it does mean—for up to a year—more money in the pocket of any
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.