Search
Update for Post-1991 ILM Co-ops in BC and Alberta
We are happy to share the news that CMHC has changed its position on surcharges for post-1991 ILM Co-ops in British Columbia and Alberta.
CMHC previously decided that co-ops in the program must continue to collect a surcharge if they have an operating agreement, even though their ILM mortgage has
Celebrating the Successful Roll-Out of the Rental Assistance Calculator
The Rental Assistance Program (FCHI-2) has been a lifesaver for co-op households of low and modest income. As the expiry of the legacy co-op housing programs came closer, about one third of co-op members faced the loss of a housing subsidy geared to their income—which would mean the loss of the co
Social Assistance and How to Calculate Housing Charges
Tips for keeping your co-op cybersafe
As everything in our world becomes increasingly digital, and more business activities move online, the importance of thinking about cybersecurity grows.
And not just for big organizations. Even housing co-ops can be targets for cyber criminals.
Is this something you’ve talked about at your co-op?
Make Better Decisions for your Housing Co-op with Data-Driven Reports
Co-op members serving on the board of directors have a big responsibility. They’ve been entrusted to make decisions, but knowing how and why to make certain decisions isn’t always easy.
To make well-informed choices, it’s important to have all data and facts in front of you. And that same
A New HomeRun for Co-ops
Do you ever wonder how your co-op is really doing? You know your buildings, your books and your members better than anyone, but getting a bigger picture through comparison can be an incredibly powerful tool.
That’s why we built a website we called HomeRun for Agency clients. It uses data collected
In Arrears? Who, Me?
A director is in arrears when they owe their co-op money. Simple. Easy to understand.
In the old days (B.A.: Before the Agency), many co-ops saw things differently. Back then, a director who had signed a repayment agreement might not count as being in arrears. If they were keeping up with their
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
Celebrating the First Year of the Rental Assistance Calculator
The Agency celebrated the first anniversary of the launch of the Online Calculator for the Rental Assistance Program (FCHI-2) earlier this year
Last year, we completed the onboarding of all housing co-ops in the program. We can’t give enough thanks to the co-op managers, property management staff and
Tip of the Month
Co-ops without Paid Managers
Since 2007, the percentage of co-ops without paid help is down by more than half to a mere 2% of Agency clients. Another 12% just have a lonely bookkeeper.