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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

“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

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

We’re pleased to announce the release our 2020 Rent Supplement Report. The Rent Supplement Program helps qualified households by funding the difference between the occupancy charge and their geared-to-income charge.

The report details the funds co-ops received in Ontario and PEI, where the Agency

On 13 January, the Minister of Housing and Diversity and Inclusion, Ahmed Hussen, announced $118.2 million in funding for co-ops through the Federal Community Housing Initiative (FCHI).

This new funding is for co-ops located in B.C., Alberta, Ontario, Quebec and PEI whose CMHC operating agreement