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Preservation Fund: Financial Assistance with Essential Planning Tools
In October, we reported on New Money from CMHC for Planning through Canada Mortgage and Housing Corporation (CMHC)’s Preservation Fund. The fund was created as an offshoot of the Seed Funding program, which allows co-ops with federally administered operating agreements, in good standing, to apply
Hawthorne Housing Co-operative: A More Sustainable Future
What is Hawthorne Housing Co-operative thinking? Many co-ops would view its healthy condition with envy and look for no further improvement. Yet, with the end of its extended operating agreement in view, Hawthorne (Surrey, BC) is preparing itself for a sustainable future.
On the whole, the 59-unit
Eileen Tallman’s New Adventure in Sustainability
Eileen Tallman Co-operative Homes is a stable housing community in Ottawa’s mid-western suburbs. Moderate and mid-range in many ways, this co-op was part of the dramatic expansion that took place in co-operative housing between 1979 and 1984. Like many co-ops of that period, it has 60 units of
CMHC Preservation Fund Information Sheet
CMHC Co-Investment Fund Information Sheet
Is your co-op taking advantage of funding programs?
From new construction to sustainability upgrades, a housing co-op always has projects on its wish list.
Fortunately, Canada Mortgage and Housing Corporation (CMHC) and other organizations offer funding programs that your co-op can use to turn those wish-list items into reality.
CMHC Seed
Information Sheet - Energy Audits
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
Renovation Saves Energy: Shalom Community Housing Co-operative
Over the past 30 years, building standards and techniques have changed. So it’s not surprising that Shalom Community Housing Co-operative gained more than its members expected when it undertook major renovations.
Located in Kitchener, Ontario, Shalom is a 40-unit townhouse-style co-op arranged in
Tip of the Month
High-Risk Clients
Clients at High risk make up only 9.9% of the Agency’s portfolio, down from 16.3% in 2008. Proof that struggling co-ops can strengthen their operations.