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Province of BC Provides $2 Million to Assist Low-Income Co-op Households
Up to 300 low-income co-op households will benefit from the BC government’s $2 million in assistance to make their homes more affordable. This funding will bridge the shortfall resulting from expired federal operating agreements.
The provincial funding is intended to support co-ops whose federal
Ontario Electricity Support Program
The Agency has learned about several Ontario programs that can help co-ops and their members save energy—and money. While your co-op will need to invest some money in order to benefit in some initiatives, these measures offer long-term value. If this idea interests your co-op, you may wish to check
Ontario Social Infrastructure Fund
The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development, and the Honourable Chris Ballard, Ontario’s Minister of Housing recently announced measures that will provide Canadians with greater access to more affordable housing, support affordable housing for seniors, help
BC Affordable Housing Plan
The Co-operative Housing Federation of BC (CHFBC), in association with the BC Non-Profit Housing Association, Vancity Credit Union, LandlordBC and other members of the BC Rental Housing Coalition have released an Affordable Housing Plan for BC. The plan provides a 10-year roadmap to significantly
New Hope for Vancouver Co-ops on Leased Land
Vancouver City Council adopted a report that will lead to long-term security of tenure for up to 50 housing co-ops on City land. The recommendations – which received unanimous support from Council – gave City staff the green light to negotiate lease extensions with seven co-ops. The new leases will
Q&A on Net Operating Revenue
CHF Canada Guide to CMHC’s Net Operating Revenue Policy
CMHC Bulletin: Year 15 and Beyond: Reviewing the Level of Federal Assistance
Board Checklist to Prepare for the End of your Agreement
Tip of the Month
Co-ops without Paid Managers
Since 2007, the percentage of co-ops without paid help is down by more than half to a mere 2% of Agency clients. Another 12% just have a lonely bookkeeper.