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
The original federal co-operative housing programs differ in detail, but all have a similar purpose:
In the coming weeks, the Agency will be celebrating the first anniversary of the launch of the Online Calculator for the Rental Assistance Program (FCHI-2).
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
The average co-op with an approved capital replacement plan tucks away more than $3,600 per unit in reserves each year--triple the 2007 amount. Does their future hold better windows? New kitchens? Savings mean more choices.