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
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
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
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
51% of Agency clients are now rated Low or Moderate risk, up from 39% in 2007.