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For housing co-operatives with an Index-Linked Mortgage (ILM), the expiry of operating agreements is a complicated affair – more so than for their S95 Program cousins. To understand what happens at the end of your operating agreement, begin by looking at the agreement version your co-op signed

The Agency is currently working on refreshing our four key reports for co-ops: the Risk Report, Compliance Report, Plain-Language Financials, and the newly renamed Performance Report (previously known as the Co-op Data Report). Our goal was to make each report more accessible and engaging. We have

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

Eileen Tallman Co-operative Homes is a stable housing community in Ottawa’s mid-western suburbs. Moderate and mid-range in many ways, this co-op was part of the dramatic expansion that took place in co-operative housing between 1979 and 1984. Like many co-ops of that period, it has 60 units of

This March, more than a hundred Agency clients will see their operating agreements expire along with their last payment of income-tested assistance. Just in time, with a start date of April 1, 2020. Canada Mortgage and Housing Corporation (CMHC)’s new FCHI Phase 2 Rental Assistance program will then

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