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Preservation Fund: Financial Assistance with Essential Planning Tools
Date
26 August 2019
In October, we reported on New Money from CMHC for Planning through Canada Mortgage and Housing Corporation (CMHC)’s Preservation Fund. The fund was created as an offshoot of the Seed Funding program, which allows co-ops with federally administered operating agreements, in good standing, to apply
Hawthorne Housing Co-operative: A More Sustainable Future
Date
16 September 2019
What is Hawthorne Housing Co-operative thinking? Many co-ops would view its healthy condition with envy and look for no further improvement. Yet, with the end of its extended operating agreement in view, Hawthorne (Surrey, BC) is preparing itself for a sustainable future.
On the whole, the 59-unit
Diversity Scholarships Make a Difference
Date
3 February 2021
No argument—2020 has been a tough year for everyone. However, some of us have used the time to assess and reflect on our future. For you, this could mean continuing with your studies or going back to school after taking a break. If this possibility interests you, 2021 brings good news, provided you
The Offer We’ve Been Waiting For: Temporary Rental Assistance
Date
16 February 2021
Special one-time rental assistance is now available to housing co-operatives and non-profit housing providers whose operating agreements ended before April 1, 2016.
Just as the name says, temporary rental assistance is not long term, but it does mean—for up to a year—more money in the pocket of any
Is your co-op taking advantage of funding programs?
Date
30 March 2022
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
An Exciting Announcement for the Canadian Housing Co-op Movement
Date
12 April 2022
Last week marked the release of the 2022 federal budget and it contained great news for the housing co-operative movement in Canada.
The budget contains $1.5 billion in funding and loans dedicated to co-operative housing to help create 6,000 for a new generation of co-op homes across Canada.
T
Community Housing Partnership to Deliver Transformative Housing Initiative
Date
11 April 2019
A national partnership of housing organizations announced today that Canada Mortgage and Housing Corporation (CMHC) has selected its proposal to create a Community Housing Transformation Centre supporting innovation, capacity building and long-term sustainability of community housing.
This National
Easier Applications for CMHC’s Preservation Funding
Date
16 May 2022
The Canada Mortgage and Housing Corporation (CMHC) has made some changes to the Community Housing Preservation Fund that will make it easier for you to apply.
The Preservation Fund exists to help your co-op and other housing providers complete activities that support the preservation of your
Tip of the Month
Plans in Action
The average co-op with an approved capital replacement plan tucks away more than $3,600 per unit in reserves each year--triple the 2007 amount. Does their future hold better windows? New kitchens? Savings mean more choices.