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Q&A on the End of the ILM CMHC Operating Agreement - Ontario / PEI
Highlights of CMHC’s National Housing Conference
In March 2024, Canada Mortgage and Housing Corporation hosted a national housing conference on the theme “Unlocking Solutions Together,” which was attended by housing professionals from across the country, including the Agency’s CEO, Olga Tasci. CMHC has recently released a report entitled What We
A New Look for Federations and Management Company Snapshot Reports
It’s not just our co-op clients who benefit from performance data from the Agency. We also like to share aggregated data with our stakeholders and earlier this fall, we released an updated version of our one page Snapshot Reports.
For management companies and co-op housing federations, these reports
Action Plan Basics
About Co-ops
A housing co-operative is a democratically controlled association formed to provide housing for its members. The typical Canadian housing co-operative owns houses or apartments and rents them to members for an indefinite period of time on a non-profit basis. When a member moves out, their membership
Revolutionizing Affordable Housing: CMHC’s New Affordable Rental Innovation Fund
The goal of the Affordable Rental Innovation Fund is to encourage new funding models and innovative building techniques in the rental housing sector. Canada Mortgage and Housing Corporation (CMHC) is looking for unique ideas that will revolutionize the sector moving forward. In the process, the
Housing Need Stable in Canada, 1.7 Million Canadian Households Affected
Canada Mortgage and Housing Corporation (CMHC) and Statistics Canada, are releasing the core housing need figures from the 2016 Census. In 2016, the rate of core housing need in Canada stood at 12.7%, representing 1.7M households. This new data indicates the proportion of Canadian households in
Prepayment of Long Term Non Renewable Loans with CMHC
On June 11th, 2016, the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister responsible for Canada Mortgage and Housing Corporation (CMHC), announced that the Government is providing $150 million over four years to allow co-operatives and non-profit social
Section 61 Program (1973–1978)
Program Objectives
- To provide modest, affordable housing appropriate to the needs of low- and moderate-income families and individuals
- To house mainly families whose incomes may be too high for public housing but who cannot compete in the open market for housing
- To encourage the integration of
Tip of the Month
No Vacancy Loss
28% of Agency clients lost no money to vacancies last year. Good, if this means members chose to stay in their units. Bad, if new members moved into units that hadn’t been refreshed.