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Housing Need Stable in Canada, 1.7 Million Canadian Households Affected
Date
22 November 2017

Canada Mortgage and Housing Corporation (CMHC) and Statistics Canada, are releasing the core housing need figures from the 2016 Census. In 2016, the rate of core housing need in Canada stood at 12.7%, representing 1.7M households. This new data indicates the proportion of Canadian households in

Prepayment of Long Term Non Renewable Loans with CMHC
Date
25 July 2016

On June 11th, 2016, the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister responsible for Canada Mortgage and Housing Corporation (CMHC), announced that the Government is providing $150 million over four years to allow co-operatives and non-profit social

Section 61 Program (1973–1978)

Program Objectives

  • To provide modest, affordable housing appropriate to the needs of low- and moderate-income families and individuals
  • To house mainly families whose incomes may be too high for public housing but who cannot compete in the open market for housing
  • To encourage the integration of

Section 95 Program (1979–1985)

Program Objectives

  • To provide modest, affordable housing appropriate to the needs of low- and moderate-income families and individuals
  • To produce housing at minimum cost by implementing appropriate cost controls
  • To encourage approved lenders to provide capital for low- and moderate-income

Index-Linked Mortgage (ILM) Program

Program Objective

To provide assistance for co-operative housing to promote security of tenure for households unable to access homeownership.

Deep-Need Programs (1982-1989)

This general outline applies to these deep-subsidy programs, with exceptions noted: Prince Edward Island Non-profit and Pre-86 and Post-85 Urban Native.

Program Objectives

To provide modest, affordable housing that meets the needs of low-income families and individuals (under the Urban-Native

Q&A on Net Operating Revenue
Agency for Co-operative Housing
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CHF Canada Guide to CMHC’s Net Operating Revenue Policy
CHF Canada
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CMHC Bulletin: Year 15 and Beyond: Reviewing the Level of Federal Assistance
CMHC
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Program Guidelines for ILM Co-ops
Agency for Co-operative Housing
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Tip of the Month

Good Vacancy Loss

Some vacancy loss is by choice, because units are being refreshed for new members. So not a loss but an investment.

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