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Agency for Co-operative Housing
Liquidity Ratio
Agency for Co-operative Housing
Net Income Ratio
Agency for Co-operative Housing
Co-Investment Fund will Help Modernize Existing Stock and Fund More Housing
Date
17 July 2018
This spring, Canada Mortgage and Housing Corporation (CMHC) launched the National Housing Co-Investment Fund as part of the federal government’s National Housing Strategy. The Fund supports the creation or repair of affordable homes across the country. The goals of the program are
- create 60,000
New S61 Mortgage Prepayment Deadlines
Date
20 December 2018
For a limited time, S61 co-ops can apply to pay out their high-interest Canada Mortgage and Housing Corporation (CMHC) mortgages without penalty. To do so, they will have to qualify for a loan from the private market where they will enjoy the benefit of lower interest rates. (Loan applicants will be
National Housing Co-Investment Fund Criteria
Date
8 February 2019
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
CMHC’s Federal Community Housing Initiative survey
Date
14 November 2018
Canada Mortgage and Housing Corporation (CMHC) invites all federally-administered housing providers to complete a survey which will help inform the development of options for the Federal Community Housing Initiative (FCHI) Phase 2 that will be implemented starting April 1, 2020. Federally
Tip of the Month
Vacancy Loss
The number of Agency clients reporting vacancy losses of more than $250 per unit per year has fallen 50% since 2007. While vacancy rates are local, these numbers show good management.