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Finally! The Online Calculator for the Rental Assistance Program is Launched
The first year under the Rental Assistance Program (FCHI-2) has been a hard slog for housing co-ops. The program came together while you were using it, resulting in months of frustration as one change followed another. We can only thank you for your patience. We finally have good news to offer.
Age
Who Does What?
Year-End Filings Coming Due? Things to Remember
Getting your year-end filings done on time is good for everyone! You’ll fulfill your co-op’s legal obligation and get your Agency performance reports that much sooner. Also, Agency staff would rather do other things than hound you for documents.
Here are a few helpful reminders for you when your
Launching the online Rental Assistance Calculator
We’re pleased to announce the official launch of our online Rental Assistance Calculator.
This tool was developed to help co-ops in the Rental Assistance Program (FCHI-2) calculate assisted charges, track their total use of assistance, and submit their year-end reconciliation.
While developing
New Good Practices Video on Filing Your AIR
Every year, Agency clients ask their auditor to web-file their Annual Information Return (AIR) to fulfill their annual filing obligation under their CMHC agreement four months after the end of their fiscal year. The annual filing also includes your co-op’s audited financial statements, signed board
A Reminder About Building Condition Assessments
As your buildings age over time, it’s important to know what will need to be fixed and when. Not to mention how much it will cost.
That’s where a building condition assessment (BCA) report comes in.
What is a Building Condition Assessment?
A BCA is a report prepared by a qualified consultant who
A Regional Energy Coach: CHF Canada’s Brave New Idea
Introducing Irfaan Hasham, CHF Canada’s new Regional Energy Coach (REC)!
Many of CHF Canada’s member co-ops are looking to improve their energy efficiency. Now there’s expert help available. Irfaan can recommend building work that will help you save money on energy. He can also guide you towards a
Action Plan: Planning to Act! - Updated from 18 October 2021
“Failing to plan means planning to fail.” We’ve all heard someone say that. Planning is hard, important work, but it’s just got easier owing to some help from the Agency.
Timing
CMHC’s Rental Assistance Program (FCHI-2) requires co-ops to complete an Action Plan covering their next three years
Regional Energy Coaches Pilot Program
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.