Co-ops have many reasons for wanting to be more sustainable. Some members like the idea of helping to combat global warming by wasting fewer resources. Others take pride in knowing that their co-operative is a good corporate citizen and a credit to the movement. Still others just want to lead a
This March, more than a hundred Agency clients will see their operating agreements expire along with their last payment of income-tested assistance. Just in time, with a start date of April 1, 2020. Canada Mortgage and Housing Corporation (CMHC)’s new FCHI Phase 2 Rental Assistance program will then
Maybe you’re looking to lower your co-op’s energy bills by installing a new high-efficiency boiler or replacing those drafty old windows. The question becomes “Is this the best investment for our co-op?”
Co-ops take different approaches to energy retrofits. Some do one project at a time, perhaps by
The Agency sent the notice below to all its clients on Friday, March 27, 2020.
Circumstances in Canada are changing from day to day, as the COVID-19 pandemic makes itself felt throughout our lives. For this reason, CMHC has made three decisions that affect housing co-ops.
Does your co-op have a small green project in mind? This is your moment. Apply now and take advantage of the deadline extension to April 30, 2020.
Housing co-ops can save some money and help the environment too through CHF Canada’s Greener Co‑op Microgrant program. The grant applications are
FCHI-2 is the new rental-assistance program for federally administered co-ops and non-profits, announced as part of the federal government’s National Housing Strategy. With all of Canada battling to slow the spread of COVID-19, CMHC has delayed its launch of the new program to September 1, 2020
Over the next few years, many housing co-operatives will see their operating agreement come to an end. This event could mean a new beginning for your co-op. You can enjoy a bright future without an operating agreement—provided you play your cards right.
Perhaps your co-op’s future includes major
On May 15, the Federation of Canadian Municipalities (FCM) launched a $300 million fund to support sustainable affordable housing. This fund will help pay for the planning and delivery of retrofits and new construction for higher energy performance.
Here’s what we know so far from FCM….
The Green
Sounds simple, but if every member uses less water, you can shrink your co-operative’s water bill, leaving more money for other priorities. Water rates may rise in future; now is the time to take action.
In co-ops where board members are behind on their housing charges, the amount all members owe is almost four times higher than in co-ops where board members pay on time. This number speaks for itself.