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Winning with the Rapid Housing Initiative
COVID-19 has exposed the desperate need for more affordable housing. As part of the National Housing Strategy (NHS), CMHC has developed an extra funding model to speed up the delivery of affordable housing units in the teeth of the pandemic. Called the Rapid Housing Initiative (RHI), it provides
Summary of Rental Assistance Program (FCHI-2) Obligations
CMHC Rent Supplement Program
Canada Mortgage and Housing Corporation (CMHC) Rent Supplement Program Objectives
- To help households in need by setting a limit on the percentage of their incomes used to pay rent in Ontario and Prince Edward Island. The program funds the difference between the occupancy charge and the geared-to
Payments to CMHC
The Management Services Agreement
The Model Management Services Agreement is carefully written to make sure you and your manager know just what to expect from each other. It covers the property manager’s duties, how they are paid, when they need to get things done and where their authority starts and stops.
The agreement includes
BC Housing Provider Kit - Managing Housing Assets
Hiring a management company? We can help!
Effective property management is the heart of a successful co-op. Finding the right management company can seem like a daunting undertaking for large or small co-ops alike.
To assist our clients in obtaining the best price with qualified firms, the Agency has compiled a list of property management
Improved Model Management Services Agreement
The Agency has updated its Model Management Services Agreement and developed it as a fillable PDF document, greatly simplifying the steps to prepare a contract. Changes to the contract reflect the feedback we received through an extensive consultation with sector organizations and management
Tip of the Month
Capital Plans and Contributions
Comparing 2007 and 2020, we saw the median annual contributions per unit almost triple ($1,026 per unit to $3,052).