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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
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
Over-Housing under the Rental Assistance Program
Agency of Cooperative Housing
12 Tips to Keep Your Units Full
Agency for Co-operative Housing
Diversity Scholarships Make a Difference
Date
3 February 2021
No argument—2020 has been a tough year for everyone. However, some of us have used the time to assess and reflect on our future. For you, this could mean continuing with your studies or going back to school after taking a break. If this possibility interests you, 2021 brings good news, provided you
A Conversation about Income Verification
Agency for Co-operative Housing
Tip of the Month
Risk Trend
92% of Agency clients have a Strengthening or Stable risk trend. Proof of many good decisions.