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Preservation Fund: Financial Assistance with Essential Planning Tools
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
Call for Applications: The National Housing Council for a National Housing Strategy
Do you want to help dismantle the barriers that Canadians face in accessing affordable housing? Are you involved in the housing or human-rights sector and eager to secure better housing outcomes? Are you interested in providing advice and recommendations on the National Housing Strategy? If so
Federal Program Housing Co-ops: Getting Better All the Time
There’s no doubt that, as a group, the Agency’s client housing co-operatives are continuing to produce better results. We compared their performance in 2018 with their operations in the Agency’s early years—now more than a decade ago—and we are impressed with our clients’ progress. It was also good
Hawthorne Housing Co-operative: A More Sustainable Future
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
Renovations Photo Contest – Enter for a Chance to Win
Has your co-op recently undergone a renovation? No matter how big or small, if you have a story to tell, we want to see it. You’ve all heard this one before—a picture is worth a thousand words… Well, in this case, the right picture is worth a $100 Home Depot gift card!
We know that our clients have
Looking to Borrow in a Year or so? Introducing the HPC Housing Investment Corporation
In February, British Columbia’s Community Land Trust (CLT) completed the refinancing for a building that houses two Vancouver co-operatives, Railyard and Aaron Webster. The deal was put in place with the help of the HPC Housing Investment Corporation (HIC) through a process known as take-out
10 Ways to Reduce Waste at your Co-op
Waste is a silent thief that takes bites out of your co-op’s bottom line without adding to your members’ comfort or making community life more enjoyable. Here are some tips on how your co-op can save money over time by wasting less.
1. If your co-op pays for garbage pick-up, but not for
Co-op Data Report: Your Co-op and All the Others
In 2018, we asked our co-op clients to rank the Agency reports they receive each year from most to least useful. For co-op managers, the Co-op Data Report ranked at number 3. For board members, it came last—at number 5. So now we have another question… is your co-op getting all it can from this
Tip of the Month
Capital Plans and Contributions
Comparing 2007 and 2020, we saw the median annual contributions per unit almost triple ($1,026 per unit to $3,052).