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New S61 Mortgage Prepayment Deadlines
For a limited time, S61 co-ops can apply to pay out their high-interest Canada Mortgage and Housing Corporation (CMHC) mortgages without penalty. To do so, they will have to qualify for a loan from the private market where they will enjoy the benefit of lower interest rates. (Loan applicants will be
Cannabis Legalization and Housing Co-ops
National Housing Co-Investment Fund Criteria
In July 2018, we reported on CMHC’s National Housing Co-Investment Fund as an opportunity for Agency clients. Interest in this loan and grant program is growing; to date Canada Mortgage and Housing Corporation (CMHC) has received in excess of 200 applications since April. In response to feedback
Community Housing Partnership to Deliver Transformative Housing Initiative
A national partnership of housing organizations announced today that Canada Mortgage and Housing Corporation (CMHC) has selected its proposal to create a Community Housing Transformation Centre supporting innovation, capacity building and long-term sustainability of community housing.
This National
Co-Investment Fund will Help Modernize Existing Stock and Fund More Housing
This spring, Canada Mortgage and Housing Corporation (CMHC) launched the National Housing Co-Investment Fund as part of the federal government’s National Housing Strategy. The Fund supports the creation or repair of affordable homes across the country. The goals of the program are
- create 60,000
CHF Canada Guide to CMHC’s Net Operating Revenue Policy
CMHC Bulletin: Year 15 and Beyond: Reviewing the Level of Federal Assistance
Tip of the Month
Risk Trend
92% of Agency clients have a Strengthening or Stable risk trend. Proof of many good decisions.