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CMHC Bulletin: Net Operating Revenue Policy
Year-End Filings Coming Due? Things to Remember
Getting your year-end filings done on time is good for everyone! You’ll fulfill your co-op’s legal obligation and get your Agency performance reports that much sooner. Also, Agency staff would rather do other things than hound you for documents.
Here are a few helpful reminders for you when your
Launching the online Rental Assistance Calculator
We’re pleased to announce the official launch of our online Rental Assistance Calculator.
This tool was developed to help co-ops in the Rental Assistance Program (FCHI-2) calculate assisted charges, track their total use of assistance, and submit their year-end reconciliation.
While developing
Q&A on the End of the ILM CMHC Operating Agreement - Alberta / British Columbia
New Good Practices Video on Filing Your AIR
Every year, Agency clients ask their auditor to web-file their Annual Information Return (AIR) to fulfill their annual filing obligation under their CMHC agreement four months after the end of their fiscal year. The annual filing also includes your co-op’s audited financial statements, signed board
Q&A on the End of your S27/61 CMHC Operating Agreement
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.