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Paying for Your Aging-in-Place Renovations
Is your co-op thinking about renovations that would help your members age in place? These changes may be considered major capital projects that can be quite costly.
However, depending on the location of your housing co-op, you can apply for various rebates that will help with reduce the expense.
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CHF Canada Greener Co-op Microgrant
Would you like your co-op to have a positive impact on the environment? Do you want to decrease your consumption of non-renewable resources and save money while doing it? Maybe you’d like to start a community garden, or install a few rain barrels? Do you want to explore adding solar panels or a roof
Ontario Housing Co-ops: Energy-Efficient Growth
Enbridge Gas offers a program that will mean energy savings for Ontario housing co‑operatives (customers only) that are planning to add new units.
The Savings by Design Program is for new-construction projects, either low-rise or multi-family elevator buildings. The goal of the program is to
Is your co-op taking advantage of funding programs?
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
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.
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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.