Q&A on the End of the ILM CMHC Operating Agreement - Ontario / PEI
Agency for Co-operative Housing
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Highlights of CMHC’s National Housing Conference
Date
6 January 2025
In March 2024, Canada Mortgage and Housing Corporation hosted a national housing conference on the theme “Unlocking Solutions Together,” which was attended by housing professionals from across the country, including the Agency’s CEO, Olga Tasci. CMHC has recently released a report entitled What We
Protect Your Assets
Your co-op has three main assets, although only one appears on the audited financial statements.
Your money and buildings
Protect your co-op‘s property by buying the right insurance in the right amounts. All housing co-ops need five kinds of insurance: property, loss of housing charges, public
Action Plan Basics
About Co-ops
A housing co-operative is a democratically controlled association formed to provide housing for its members. The typical Canadian housing co-operative owns houses or apartments and rents them to members for an indefinite period of time on a non-profit basis. When a member moves out, their membership
Province of BC Provides $2 Million to Assist Low-Income Co-op Households
Date
5 December 2016
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
Revolutionizing Affordable Housing: CMHC’s New Affordable Rental Innovation Fund
Date
20 October 2016
The goal of the Affordable Rental Innovation Fund is to encourage new funding models and innovative building techniques in the rental housing sector. Canada Mortgage and Housing Corporation (CMHC) is looking for unique ideas that will revolutionize the sector moving forward. In the process, the
Housing Need Stable in Canada, 1.7 Million Canadian Households Affected
Date
22 November 2017
Canada Mortgage and Housing Corporation (CMHC) and Statistics Canada, are releasing the core housing need figures from the 2016 Census. In 2016, the rate of core housing need in Canada stood at 12.7%, representing 1.7M households. This new data indicates the proportion of Canadian households in
Prepayment of Long Term Non Renewable Loans with CMHC
Date
25 July 2016
On June 11th, 2016, the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister responsible for Canada Mortgage and Housing Corporation (CMHC), announced that the Government is providing $150 million over four years to allow co-operatives and non-profit social
2018 Utility Allowances for Alberta
Date
27 February 2018
Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2018 utility allowances for Alberta.
Tip of the Month
Vacancy Loss
The number of Agency clients reporting vacancy losses of more than $250 per unit per year has fallen 50% since 2007. While vacancy rates are local, these numbers show good management.