2021 Utility Allowances
CMHC has provided the Agency with the 2021 utility allowances.
CMHC has provided the Agency with the 2021 utility allowances.
Late last year the Agency swung into action at CMHC’s call. We were asked to get temporary rental assistance to co-ops whose operating agreements had ended before 2016. (These co-op were locked out of the new Rental Assistance Program because their agreements had expired too early.)
Led by retired
“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
Housing co-operatives are small businesses formed to provide housing for their members. They prosper best when they are fully occupied and members pay their housing charges in full and on time.
A housing co-op is not a complex business, but it takes work to keep it going. As the steward of your
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.