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FCHI-2: A New Rental Assistance Program is Launching Soon

By JordanPaperCrane

September 1, 2020 marks an important date for co-ops that began under federal funding programs. CMHC’s new Rental Assistance Program (RAP, also known as FCHI-2, or the Federal Community Housing Initiative – Phase 2) is about to launch.

The co-op housing sector lobbied hard for the federal government to respond to the challenge of expiring operating agreements and RAP is the successful result of those efforts.

A fond farewell to co-op champion Kerry Smith

By JordanPaperCrane

For more than 30 years, Kerry Smith has worked tirelessly on behalf of the co-op sector – advocating, advising, and supporting with knowledge and wisdom in a variety of roles – and will be deeply missed as she begins her retirement effective today.

A treasured friend and colleague, Kerry has been looking forward to this next chapter in her life for some time and has decided to move up her retirement date to get a jump on all the adventures she has planned (many involving her trail bike, Mollie!).

CLT & City of Vancouver break ground on Fraserview Expansion

By JordanPaperCrane

The Community Land Trust and City of Vancouver broke ground on 140 new units of affordable co-op housing. More than 100 of the 140 homes are designed for families. These include 65 two-bedroom apartments and townhomes and 37 three-bedroom apartments and townhomes.

The combined future developments in Fraser Lands River District will be western Canada’s largest housing co-operative with 418 homes