Search

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

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

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. Because CMHC’s rental-market reports for January 2020 covered only major cities, we asked

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

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

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

Are you a Rental Assistance Program administrator or new to the program?

If so, you might be interested in one of our upcoming online training sessions that will provide a general overview of the program and a more in-depth review beyond the FCHI-2 Guide.

After the presentation, there will also

Every co-op in the Rental Assistance Program (FCHI-2) will need to complete an Action Plan covering the next three years. The Agency has some good news about that. 

First, we’re announcing the launch of our online Self Assessment and Action Plan tools, which will help with your planning. By the end

Index-Linked-Mortgage (ILM) housing co-operatives are eligible to join the Rental Assistance Program (FCHI-2) as soon as their first mortgage has been repaid and federal assistance for operating expenses ends. 

Something to be aware of is that in certain situations ILM cooperatives may receive two