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If you’re a non-profit housing co-op with ambitions to reduce your energy consumption by 25% or more, you may be eligible for the Federation of Canadian Municipalities’ Green Municipal Fund.

FCM has about $300 million to disburse over the next six years under its Sustainable Affordable Housing program. That works out to $52 million annually, in a mix of loans (usually 10- or 20-year terms) and grants. These funds are general stackable with other programs like CMHC’s Co-investment Fund.

The City of Vancouver is launching a new program to help increase the number of non-profit and co-op homes in the municipality.

Using moneys from the Empty Homes Tax and the City’s own capital budget, the program offers incentives that can be paired with funding from other sources.

MEDIA RELEASE     BC Budget: Delayed Investments Will Only Make BC’s Housing Crisis Worse Housing advocates express disappointment in 2020 provincial budget VICTORIA, BC (February 18, 2020) – The lack of new investments in affordable housing, and the delay in delivering on existing commitments, will only make B.C.’s already serious housing crisis worse, say … Continued

Enrolment in the FCHI-2 began last month for federally administered co-ops.  The program will provide new rent assistance to low-income members beginning April 2020 and lasting until March 31, 2028.

In earlier communication we advised all federally administered co-ops to apply for enrolment in FCHI-2 in case they are eligible.  We can now be more precise in our advice.

Good news for co-ops with active, federally-administered operating agreements! Co-ops with a Section 95, ILM or Section 61 agreement are eligible to apply to Canada Mortgage and Housing Corporation (CMHC) for funding to “help complete activities that will allow them to transition to a more viable and sustainable model.” This means there’s money available to … Continued

Housing Central partners Co-op Housing Federation of BC and BC Non-Profit Housing Association applaud the provincial government’s historic investment in the community housing sector with today’s announcement to build 14,000 new affordable rental housing units over the next 10 years through partnerships with non-profit housing providers, co-ops and municipalities.

CHF BC welcomes the budget announced by the federal government on Tuesday, which will help more Canadians find a safe, secure and affordable place to call home. The federal announcement comes hot on the heels of last week’s provincial budget, which promised the biggest investment in affordable housing in BC’s history. Thom Armstrong, CHF BC’s … Continued

Housing Central partners BC Non-Profit Housing Association (BCNPHA) and the Co-op Housing Federation of BC are commending the provincial government for taking decisive action on the province’s housing crisis in the provincial budget delivered today in Victoria. “We are very pleased that the government has taken these critical steps to address housing supply and affordability in BC,” … Continued

CHF BC welcomes commitment to affordable housing in BC Budget Update

The 2017 budget update shows a clear commitment by the provincial government to prioritize affordable housing. With the announcement of 3,700 new affordable units and 6,700 currently in the pipeline, British Columbia will have more than 10,000 new affordable units rolling out over the next several years. Many of those new homes will be in housing co-ops.

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…

Yesterday’s federal budget announcement includes the single biggest investment in affordable housing in Canadian history — $11.2 billion over the next 11 years.Coming on the heels of BC…

The announcement last year of CMHC’s Reno/Retro grant program attracted a lot of attention among housing co-operatives in BC and across the country. More than forty co-ops in BC made…