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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

From new construction to sustainability upgrades, a housing co-op always has projects on its wish list. 

Fortunately, Canada Mortgage and Housing Corporation (CMHC) and other organizations offer funding programs that your co-op can use to turn those wish-list items into reality.   

CMHC Seed

In the coming months, a property-inspection firm hired by the Agency will be reaching out to some coops to set up a time for an inspection. Each year, a sub-set of Agency clients welcomes an inspector to conduct a visual inspection of their property.   

If your routine inspection was scheduled for

Late last year the Agency swung into action at CMHC’s call. We were asked to get temporary rental assistance to co-ops whose operating agreements had ended before 2016. (These co-op were locked out of the new Rental Assistance Program because their agreements had expired too early.)

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