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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

Media are advised that Thom Armstrong, CEO of the Co-operative Housing Federation of BC (CHF BC), and Jill Atkey, CEO of BC Non-Profit Housing Association (BCNPHA) will be available for interviews on the 2020 Provincial Budget on Tuesday, February 18.

Earlier this week, the City of Vancouver released its long awaited co-op Lease discussion paper.  This launches a period of consultation and discussion that is expected to result in a final report to Council by the summer of 2020. The discussion paper: You can download the discussion paper, read more about the City’s process, and … Continued

IMPORTANT: if you want to preserve your right to appeal your property assessment, the deadline is January 31. If there is any chance you will want to dispute your assessment, you should contact BC Assessment before the end of the month. NOTE: AEC Property Tax Consultants is again offering CHF BC members a break (20%) … 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.

CMHC has been working closely with key housing associations over the summer to finalize details for Phase 2 of the Federal Community Housing Initiative (FCHI).

This new rental assistance program for community housing providers reaching the end of their operating agreements will be available as of April 1, 2020.

The Co-op Housing Federation of BC (CHF BC) and BC Non-Profit Housing Association (BCNPHA) applaud the Burnaby Mayor’s Task Force on Community Housing for its vision of Burnaby as a community with affordable housing for all citizens.

The following is a brief update on developments that affect co-ops in the City of Vancouver.

Vancouver City Hall has been recently active on a couple of fronts.

A number of co-ops in the City of Richmond received correspondence outlining the City’s proposal to consider rental-only zones.

Some housing co-ops would be affected by this measure if it were implemented and the City has offered a Public Open House on June 6 (from 4 pm to 8 pm).

This represents an opportunity for co-ops to learn more directly from the City.

In January and February, CHF BC held a pair of meetings for co-ops that lease land from the City of Vancouver. Members offered their views on the lease renewal framework and how the lease renewal discussion has progressed so far.

We have summarized the comments in a short document.

It was a cold, snowy night… A good reminder of the importance of protecting co-op homes and resolving the challenge of expiring leases. February 11 marked the second meeting in the last couple of weeks with member housing co-ops, management companies and RePlan. These meetings were to discuss the issue of lease renewals with the … Continued