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New S61 Mortgage Prepayment Deadlines
For a limited time, S61 co-ops can apply to pay out their high-interest Canada Mortgage and Housing Corporation (CMHC) mortgages without penalty. To do so, they will have to qualify for a loan from the private market where they will enjoy the benefit of lower interest rates. (Loan applicants will be
Cannabis Legalization and Housing Co-ops
Community Housing Transformation Centre seeks Executive Director
Co-operative Housing Federation of Canada is searching for an experienced executive ready to take on the start-up of a new organization dedicated to the transformation and sustainability of the community-housing sector in Canada.
For more information, visit CHF Canada's website.
2019 Utility Allowances for BC
Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2019 utility allowances for BC.
2019 Utility Allowances for Prince Edward Island
Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2019 utility allowances for Prince Edward Island.
2019 Utility Allowances for Ontario
Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2019 utility allowances for Ontario.
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.