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
In 1998 the proposal for a co-op housing agency promised that we would be a data-driven organization. To accomplish this, in 2006 we launched the Co-operative Housing Agency Information System (CHAIS), using state-of-the-art technology to store and analyze information from our clients.
As a
Are you a researcher or organization interested in data on housing co-operatives in Canada? If so, we have news for you!
Since the Agency’s early days in 2006, we have believed in the power of being a data-driven organization. To that end, we developed a robust information system to collect, store
Are you curious about the vacancy rate in your city? How about the average cost of rent? CMHC has those answers and more in their most recent Rental Market Report.
We have taken the time to pull out some of the data on rents and vacancy rates in the cities where many of our client co-operatives
The Agency is excited to be participating in CHF Canada’s in-person Annual Meeting later this month in Halifax.
The meeting, which takes place on 16 – 18 June 2022, is an incredible opportunity to meet fellow co-op members from across Canada. Together, co-operators will take part in educational
What was 2021 like for the Agency and our clients? Our annual report is calling it a bridge year—the year when we began to cross from one reality to another.
Almost two-thirds of you had moved to CMHC’s Rental Assistance Program (FCHI-2) by year end. When our clients change, the Agency changes
We’re pleased to announce the official launch of our online Rental Assistance Calculator.
This tool was developed to help co-ops in the Rental Assistance Program (FCHI-2) calculate assisted charges, track their total use of assistance, and submit their year-end reconciliation.
While developing
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
8% of Agency clients have board members in arrears. Good work, especially in a COVID year. In 2007, 28% reported director arrears.