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A New Look for Federations and Management Company Snapshot Reports
It’s not just our co-op clients who benefit from performance data from the Agency. We also like to share aggregated data with our stakeholders and earlier this fall, we released an updated version of our one page Snapshot Reports.
For management companies and co-op housing federations, these reports
Action Plan Basics
2018 Utility Allowances for Alberta
Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2018 utility allowances for Alberta.
2018 Utility Allowances for BC
Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2018 utility allowances for BC.
2018 Utility Allowances for Ontario
Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2018 utility allowances for Ontario.
2018 Utility Allowances for Prince Edward Island
Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2018 utility allowances for Prince Edward Island.
A New Approach to Subsidy Repayment
S95 co-ops are well aware that their Subsidy Surplus Reserve is not allowed to grow beyond $500 per unit plus interest. Anything more than that must be paid back to Canada Mortgage and Housing Corporation (CMHC). Our clients are busy and some find the refund process something of a nuisance. This is
Automatic Subsidy Repayment
The money in a co-op’s Subsidy Surplus Reserve is not allowed to grow beyond $500 per unit plus interest. Anything more is paid back to CMHC every year. This process has not always gone smoothly for some of the Agency’s clients. We knew there was a better way, so we proposed a change, which CMHC has
Q&A on the AIR for Co-operatives
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.