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Community Development and Education Plan
Winning with the Rapid Housing Initiative
COVID-19 has exposed the desperate need for more affordable housing. As part of the National Housing Strategy (NHS), CMHC has developed an extra funding model to speed up the delivery of affordable housing units in the teeth of the pandemic. Called the Rapid Housing Initiative (RHI), it provides
Thinking about cutting your maintenance costs? Think again
Maintenance costs are a big part of your co-op’s annual budget. Unlike with your mortgage, insurance and property taxes, you can decide to cut your maintenance costs. And we usually think that lower costs are better.
But wait! With maintenance costs, lower might not be better. Lower maintenance
2021 Utility Charges for Rental Assistance Clients
2021 Utility Allowances
CMHC has provided the Agency with the 2021 utility allowances.
Finally! The Online Calculator for the Rental Assistance Program is Launched
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
Making Ends Meet: Our 2020 Rent Supplement Report
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
More Co-ops to Join the Rental Assistance Program
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
Ontario Housing Co-ops: Energy-Efficient Growth
Enbridge Gas offers a program that will mean energy savings for Ontario housing co‑operatives (customers only) that are planning to add new units.
The Savings by Design Program is for new-construction projects, either low-rise or multi-family elevator buildings. The goal of the program is to
Tip of the Month
Management Trend
The trend to hire management companies continues. 58% of co-ops hire management companies, compared to 28% that employ independent staff as their managers.