Search
Preservation Fund: Financial Assistance with Essential Planning Tools
In October, we reported on New Money from CMHC for Planning through Canada Mortgage and Housing Corporation (CMHC)’s Preservation Fund. The fund was created as an offshoot of the Seed Funding program, which allows co-ops with federally administered operating agreements, in good standing, to apply
Hawthorne Housing Co-operative: A More Sustainable Future
What is Hawthorne Housing Co-operative thinking? Many co-ops would view its healthy condition with envy and look for no further improvement. Yet, with the end of its extended operating agreement in view, Hawthorne (Surrey, BC) is preparing itself for a sustainable future.
On the whole, the 59-unit
The Offer We’ve Been Waiting For: Temporary Rental Assistance
Special one-time rental assistance is now available to housing co-operatives and non-profit housing providers whose operating agreements ended before April 1, 2016.
Just as the name says, temporary rental assistance is not long term, but it does mean—for up to a year—more money in the pocket of any
CMHC Preservation Fund Information Sheet
CMHC Co-Investment Fund Information Sheet
Building Condition Assessments Keep Your Assets Covered
The co-op housing sector, which includes the Agency, has created many resources on building condition assessments and why your co-op needs one.
The building condition assessment (BCA) and reserve-fund study (RFS) are two separate reports, but they work together. Sometimes when people ask about a
More Co-ops to Join the Rental Assistance Program
On 13 January, the Minister of Housing and Diversity and Inclusion, Ahmed Hussen, announced $118.2 million in funding for co-ops through the Federal Community Housing Initiative (FCHI).
This new funding is for co-ops located in B.C., Alberta, Ontario, Quebec and PEI whose CMHC operating agreement
Rental Assistance Program Online Training Sessions
Are you a Rental Assistance Program administrator or new to the program?
If so, you might be interested in one of our upcoming online training sessions that will provide a general overview of the program and a more in-depth review beyond the FCHI-2 Guide.
After the presentation, there will also
Action Plan and Self-Assessment Online Tools – Your Annual Planning Soon to be Easier
Every co-op in the Rental Assistance Program (FCHI-2) will need to complete an Action Plan covering the next three years. The Agency has some good news about that.
First, we’re announcing the launch of our online Self Assessment and Action Plan tools, which will help with your planning. By the end
Tip of the Month
Capital Reserve Balance
61% of Agency clients hold a capital reserve balance of at least $6,000 per unit. By almost doubling the amount from 2007, co-ops are nearly twice as ready to meet their future needs.