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In October, we reported on New Money from CMHC for Planning through Canada Mortgage and Housing Corporation (CMHC)’s Preservation Fund. The fund was created as an offshoot of the Seed Funding program, which allows co-ops with federally administered operating agreements, in good standing, to apply

Once a year, all Agency clients get what their boards tell us is our most important report, which is now enjoying a make-over. When you receive it, you’ll see a refreshed Risk Report that is tighter, more visual and easier to read. Although it has a different look, you will find there the same

There’s no doubt that, as a group, the Agency’s client housing co-operatives are continuing to produce better results. We compared their performance in 2018 with their operations in the Agency’s early years—now more than a decade ago—and we are impressed with our clients’ progress. It was also good

What is Hawthorne Housing Co-operative thinking? Many co-ops would view its healthy condition with envy and look for no further improvement. Yet, with the end of its extended operating agreement in view, Hawthorne (Surrey, BC) is preparing itself for a sustainable future.

On the whole, the 59-unit

In February, British Columbia’s Community Land Trust (CLT) completed the refinancing for a building that houses two Vancouver co-operatives, Railyard and Aaron Webster. The deal was put in place with the help of the HPC Housing Investment Corporation (HIC) through a process known as take-out

Last fall we asked co-ops for photo submissions of their renovations for a chance to win a Home Depot gift card. Among the submissions was a powerful first-person dispatch from Tamarack Co-operative Housing in Sudbury, Ontario. Heather Petryna, the co-ordinator at Tamarack, penned a frank and

In 2018 CMHC made an offer to a particular group of clients, which the Agency encouraged them to accept. For a limited time, S61 co-ops locked into a high interest rate could prepay their mortgages without the usual penalty. (Unfortunately, the opportunity is no longer available.) Chadwick Towers, a