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Q&A for ILM Co-ops Post Year 15
Q&A on the End of your S27/61 CMHC Operating Agreement
Marketing Plan Template
2020 Rent Supplement Portfolio Report
Finally! The Online Calculator for the Rental Assistance Program is Launched
The first year under the Rental Assistance Program (FCHI-2) has been a hard slog for housing co-ops. The program came together while you were using it, resulting in months of frustration as one change followed another. We can only thank you for your patience. We finally have good news to offer.
Age
Making Ends Meet: Our 2020 Rent Supplement Report
We’re pleased to announce the release our 2020 Rent Supplement Report. The Rent Supplement Program helps qualified households by funding the difference between the occupancy charge and their geared-to-income charge.
The report details the funds co-ops received in Ontario and PEI, where the Agency
Funding Your Co-op Could Qualify For
CMHC’s National Housing Co-Investment Fund hasn’t drawn great interest from Agency clients so far. In fact, it may be the most overlooked funding source in Canada for housing co-ops. We’re hoping to change that.
The fund supports building repair and renewal, as well as new construction, with
Who Does What?
More Co-ops to Join the Rental Assistance Program
On 13 January, the Minister of Housing and Diversity and Inclusion, Ahmed Hussen, announced $118.2 million in funding for co-ops through the Federal Community Housing Initiative (FCHI).
This new funding is for co-ops located in B.C., Alberta, Ontario, Quebec and PEI whose CMHC operating agreement
Tip of the Month
Management Trend
The trend to hire management companies continues. 58% of co-ops hire management companies, compared to 28% that employ independent staff as their managers.