Changes to Home Owner Grant application process for multi-unit housing - April 20, 2017


Have you registered your co-op's delegate yet for our Semi-Annual General Meeting on May 7?

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Sixth annual CHF BC Scholarships to be presented at our SAGM on May 7

Have you registered your delegate for our Semi-Annual General Meeting?  



Join us on Sunday, May 7 at the Westin Wall Centre, Vancouver Airport as we:

  • present our sixth annual CHF BC Scholarship awards
  • hold a rally in advance of the May 9 provincial election
  • review our new strategic vision for CHF BC and the co-op housing sector
  • approve next year’s budget and membership dues

The complete registration package including a meeting agenda was mailed to your co-op and you can download it online here.



Hope to see you there!


Changes to the Multiple Home Owner Grant Application for 2017

When it comes your co-op's property taxes, although the co-op itself is the home owner, each unit has a member (called the "eligible occupant") who needs to provide a signature to complete the home owner grant application and then the co-op (or its management company) can submit the claim and take advantage of the home owner grant.

The basic grant is refunded directly to the co-op for the benefit of the membership as a whole. Some members, like seniors and people with disabilities, will be eligible for the additional grant which is refunded directly to them.

In 2017, the process for submitting home owner grant applications for multiple home owners has changed. If your co-op employs a management company, your staff are likely aware of the changes. But if your co-op is self-managed, or you just want to understand more, please read on.

For anyone responsible for applying for the home owner grant and paying rural or municipal property taxes on behalf of the eligible occupants living in your building or on your property, there are changes to how you apply for your multiple home owner grant.

You, the person responsible for filing, will now use a secure online service called eTaxBC to manage your list of eligible occupants and apply for the multiple home owner grant (formerly called your Form A). eTaxBC is available twenty-four hours a day, seven days a week.

In the past, you were able to collect all of your eligible occupants’ information on a single paper form. Now all eligible occupants must complete their own Application for Home Owner Grant Eligible Occupant (FIN 68) form. On behalf of the co-op (the property owner), you will collect all of the completed forms from your eligible occupants.

Then you will use eTaxBC to compile your eligible occupant information, apply for the home owner grant and calculate your property tax amount. The process will vary slightly depending on if you are applying for a property in a municipal or a rural area. You can find more information on the Multiple Home Owner Grant webpage.

It is also important to know that if any member forms have errors that need "alterations" they might not be accepted. If you need to cross -out or white-out information, it is not enough to initial the change. In those cases, it is better to have the member complete a new form with the correct information.

However, if a form is just missing information and the changes you need to make are to check a box or fill in something that was blank, there’s no need to start with a new form – just ask the member to complete what was missed.

If you have questions, please feel free to get in touch with us at members@chf.bc.ca.


 Upcoming Events

Vancouver Island Member Appreciation Evening

April 26



PIPA: Privacy Information Primer for Co-ops

April 27



Investments: Encasa Information Session WEBINAR

May 1



Semi-Annual General meeting

May 7

Yes Camp Sponsorship draw

May 19



Vancouver Island Council meeting

May 24



Top Ten Things to Look For in Your Co-op's Financial Statements

May 24



Co-op Housing Summer BBQ

June 24

 

Copyright © 2017 Co-operative Housing Federation of BC (CHF BC), All rights reserved.





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