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.)
Led by retired
Each year Canada Mortgage and Housing Corporation (CMHC) produces rental-market reports for many parts of Canada. These reports are an in-depth look at the trends Canadians can expect to see in rental housing. We asked Will Dunning, an economist specializing in market analysis, to take a close look
The Rental Assistance Program (FCHI-2) has been a lifesaver for co-op households of low and modest income. As the expiry of the legacy co-op housing programs came closer, about one third of co-op members faced the loss of a housing subsidy geared to their income—which would mean the loss of the co
In the coming weeks, the Agency will be celebrating the first anniversary of the launch of the Online Calculator for the Rental Assistance Program (FCHI-2).
Last year, we completed the onboarding of all housing co-ops in the program. We can’t give enough thanks to the co-op managers, property
92% of Agency clients have a Strengthening or Stable risk trend. Proof of many good decisions.