Overview of Rental Assistance (FCHI-2) for S95 co-ops
Agency of Cooperative Housing
Search
Winning with the Rapid Housing Initiative
Date
11 November 2020
COVID-19 has exposed the desperate need for more affordable housing. As part of the National Housing Strategy (NHS), CMHC has developed an extra funding model to speed up the delivery of affordable housing units in the teeth of the pandemic. Called the Rapid Housing Initiative (RHI), it provides
Summary of Rental Assistance Program (FCHI-2) Obligations
Agency of Cooperative Housing
Rental Assistance Program (FCHI-2)
Program Objectives
- To fund the difference between the occupancy charge and the geared-to-income charge for qualified households that cannot compete for housing in the open market
Program Features
- Unilateral federal program
- Available to housing co-operatives with operating agreements that expired
CMHC Rent Supplement Program
Canada Mortgage and Housing Corporation (CMHC) Rent Supplement Program Objectives
- To help households in need by setting a limit on the percentage of their incomes used to pay rent in Ontario and Prince Edward Island. The program funds the difference between the occupancy charge and the geared-to
Payments to CMHC
CMHC
Temporary Rental Assistance
Welcome to the first step in getting registered for the Temporary Rental Assistance program from CMHC.
Please complete the enrollment form using this link.
Soutien temporaire au loyer
Bienvenue à la première étape de l'inscription au programme d'aide au logement temporaire de la SCHL.
Veuillez remplir le formulaire d'inscription en utilisant ce lien.
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.