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Stay in Good Shape
A residential building requires constant maintenance. Blame it on entropy.
There are caretaking tasks to be done daily or every few days, such as clearing snow, polishing the glass at the entrance, cutting the grass and cleaning the halls, elevators and laundry room.
Routine maintenance should take
Rental Assistance Program Helps 4,500 Households Stay Housed in 2024
Since CMHC launched the program as part of the 2018 National Housing Strategy, the Rental Assistance Program (FCHI-2) has been a lifeline that helps keep low and moderate-income Canadians housed according to their means.
With the release of our first Rental Assistance Portfolio Review Report, we’re
Rental Assistance Program (FCHI-2) Resources
Program Description and Rules
- Summary of Rental Assistance Program Obligations
- Who Does What?
- Overview of Rental Assistance for S95 co-ops
- Overview of CMHC’s Rental Assistance Program for ILM Co-operatives in Ontario
Rental Assistance Calculation Resources
Rental Assistance Program (FCHI-2) Overview
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 after
Rental Assistance Program (FCHI-2)
The Rental Assistance Program (FCHI-2), administered by the Agency on behalf of CMHC, is a federal initiative designed to support housing co-operatives whose operating agreements have expired. Its main goal is to bridge the gap between market-level occupancy charges and the geared-to-income charges
Tip of the Month
Arrears Cost
Half the Agency's clients have member arrears and bad debts below $44 a unit, and half above. In 2007, the midpoint was $86. Great news in a challenging year.