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Housing Market Outlooks for 2023
Co-op and Rental Housing in 2023: What to Expect
Date
14 December 2022
The Agency is excited to present some cautious predictions about rental and co-op housing markets in 2023. We commissioned this report on housing market outlooks from respected housing analyst Will Dunning.
Although he is careful to note that current data are hard to come by and much can change
Sample Action Plan Goals
A Closer Look at Action Plan Goals
Date
13 December 2022
CMHC’s Rental Assistance Program (FCHI-2) has introduced a new requirement—submitting an Action Plan every three years. Co-ops are using these Action Plans to set goals that will improve their own long-term operational practices while helping to strengthen the co-op housing sector.
After working
New Good Practices Video on Filing Your AIR
Date
2 May 2023
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
Quick Guide to the Rental Assistance Online Calculator
The Agency for Co-operative Housing
Overview of CMHC’s Rental Assistance Program for ILM Co-operatives in Ontario
Tip of the Month
Capital Reserve Balance
61% of Agency clients hold a capital reserve balance of at least $6,000 per unit. By almost doubling the amount from 2007, co-ops are nearly twice as ready to meet their future needs.