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2018 Utility Allowances for BC
Date
1 January 2018

Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2018 utility allowances for BC.

A New Approach to Subsidy Repayment
Date
29 February 2016

S95 co-ops are well aware that their Subsidy Surplus Reserve is not allowed to grow beyond $500 per unit plus interest. Anything more than that must be paid back to Canada Mortgage and Housing Corporation (CMHC). Our clients are busy and some find the refund process something of a nuisance. This is

Automatic Subsidy Repayment
Date
6 April 2016

The money in a co-op’s Subsidy Surplus Reserve is not allowed to grow beyond $500 per unit plus interest. Anything more is paid back to CMHC every year. This process has not always gone smoothly for some of the Agency’s clients. We knew there was a better way, so we proposed a change, which CMHC has

CMHC’s Federal Community Housing Initiative survey
Date
14 November 2018

Canada Mortgage and Housing Corporation (CMHC) invites all federally-administered housing providers to complete a survey which will help inform the development of options for the Federal Community Housing Initiative (FCHI) Phase 2 that will be implemented starting April 1, 2020. Federally

Ten Years of On-Time Filing
Date
20 March 2019

We’ve seen great strides made over the years in the number of Agency clients that send us their annual filings on time. Recently, we recognized thirty-six co-ops—about seven per cent of our clients—for 10 years of on-time filing. Like all of our clients, these co-ops have their auditor file an

2019 Utility Allowances for BC
Date
3 April 2019

Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2019 utility allowances for BC.

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.

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