PEI Co-operative Associations Act
Province of PEI
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New S61 Mortgage Prepayment Deadlines
Date
20 December 2018
For a limited time, S61 co-ops can apply to pay out their high-interest Canada Mortgage and Housing Corporation (CMHC) mortgages without penalty. To do so, they will have to qualify for a loan from the private market where they will enjoy the benefit of lower interest rates. (Loan applicants will be
Cannabis Legalization and Housing Co-ops
The Co-operators
New Money from CMHC for Planning
Date
5 October 2018
Is your co-op thinking of completing a Building Condition Assessment (BCA) or a Capital Replacement Reserve Plan (CRP)? Now’s your chance.
Canada Mortgage and Housing Corporation (CMHC) has just announced the Preservation Fund, an offshoot of their Seed Funding program, which allows co-ops with
Directors in Arrears
CHF Canada
Tip of the Month
Arrears Cost
Half the Agency's clients have member arrears and bad debts below $44 a unit, and half above. In 2007, the midpoint was $86. Great news in a challenging year.