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NEWS

Co-ops carry debt for a few reasons: they may still be paying off their original mortgages for construction and land acquisition; they may be borrowing to secure a new lease; or they may undertake significant capital renewals (like new envelopes or parkade membrane replacements) that trigger borrowing.

Whatever the reason for having debt, interest rate trends are worth keeping an eye on.

CHF BC is excited to announce ARC—Active Resilient Communities—a new program to assist our members.

ARC is designed to help you have conversations on long term issues in a structured way. We hope it will help you come to some answers but recognize that the conversations themselves are important.

BC’s Registry Services has introduced new requirements for the wording of special resolutions housing co-ops typically use to amend their Rules.

These new requirements are in place now and must be followed.

Burnaby housing co-ops threatened by sell-off to private landlords The residents of a 244-unit non-profit housing co-op in Burnaby are at risk of losing their homes when the property is sold on the commercial real estate market by its owners, the International Union of Operating Engineers (IUOE) Local 115 Pension Plan. The 115 Place Co-operative Housing Association includes … Continued

We are very sad to say goodbye to Fiona Jackson as she leaves CHF BC to take on a new challenge.  Since January 2010, Fiona has been the steward of the communication channels between CHF BC and our members. 

For CHF BC, she has been a calming and mature presence, and someone who would provide an ear and soothing resolution to the day to day challenges that co-op members faced.  Fiona has demonstrated a commitment and loyalty to CHF BC’s mission and vision and the co-operative values.

The Land Owner Transparency Act is relatively new legislation and it creates new obligations for “reporting bodies,"  including housing co-ops

Please read over this summary prepared by BC Housing: Land Owner Transparency Act Summary for Co-ops.

The Housing Central Virtual Art Exhibition will feature a wide variety of work exploring themes of community housing, homelessness, mental health, addictions, resilience, co-operation and working together, healing, diversity and inclusion.

Participation in the virtual art exhibition is free for selected artists and will be hosted on the Housing Central Conference website from October 25 – December 31, 2021.

CHF BC is pleased to introduce its first Sustainability Newsletter.  This will be a quarterly communication that looks at the environment, with a focus on housing co-ops and the work of CHF BC’s Climate Emergency Task Force.

B.C.’s COVID-19 immunization plan was released on March 1. It provides details on how the COVID-19 vaccine will be distributed to different populations throughout the province. As we move into Phase 2 of the plan, the goal is to continue vaccinating vulnerable groups. Beginning this month that will include seniors aged 80+, residents of independent … Continued

This is just a brief update for those interested in the City of Vancouver leasehold conversation.

City staff had intended to bring forward a report to Council in December 2020. That report will be delayed to the Council meeting scheduled for February 10, 2021.

CHF BC will work closely with members between now and then to get the best possible outcome.

First-ever online event will confront the racism, inequities and barriers to housing in B.C. – and generate solutions for secure, affordable housing for all.

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.