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Rental Assistance Program (FCHI-2)

The Rental Assistance Program—part of the Federal Community Housing Initiative, Phase 2 (FCHI-2)—is the successor to CMHC's Section 95 and ILM programs.

Co-ops exiting their original operating agreements or FCHI-1 support between September 2020 and the end of March 2028 may be eligible.

The program targets low-income households that can’t afford a co-op’s maximum housing charges without exceeding 30% of their household income. As income fluctuates, the level of support may also fluctuate, but the total number of supported households is generally fixed at the time of program sign-up.

The program may not be compatible with some grants offered by municipal governments.

UPDATE (March 2022): Rental Assistance Program (FCHI-2) Action Plans