LATEST
NEWS

Property assessments are again in the news, with media outlets reporting increases in many jurisdictions since last year. CHF BC would again note a few key points.

At our 2021 Semi-Annual General Meeting in May, delegates passed a resolution (pdf) in support of a national Urban Indigenous Housing Strategy Our friends at the Canadian Housing & Renewal Association (CHRA) and the CHRA Indigenous Caucus have continued to work towards a federal urban, rural and northern (URN) Indigenous housing strategy. Over the past … Continued

As winter arrives, and the possibility of snow increases, we would like to remind our member housing co-ops to keep their garbage and recycling area clear of snow and ice.

The co-op’s lease is ending, and the union pension fund has decided to sell the land and buildings to the highest bidder. The inevitable outcome of a sale like that will be drastic rent increases and economic eviction for many of the co-op’s 244 households.

Earlier this week, Burnaby City Council took an ambitious step in approving an ambitious 10-year housing strategy that addresses everything from housing affordability and housing stock to those without homes altogether.

CHF BC is relieved to know that the housing co-ops in the Abbotsford area are undamaged after recent flooding.  Our staff has reached out to co-ops in this worst-hit region and was informed that the local co-ops are all on high ground. If your co-op was affected by the floods and you need advice, including … Continued

At the Annual General Meeting on November 21, 2021, five directors were acclaimed to fill openings on the CHF BC board including three new directors and two re-elected directors. 

The Vancouver Island director was acclaimed at the Vancouver Island Council meeting held in October.

On November 22, 2021, the Governor General delivered the Speech of the Throne outlining the recently re-elected Liberal government’s new priorities. Coincidentally, it was also National Housing Day, which put a lot of focus on the new government’s commitment to affordable– and cooperative–housing. Here is what our partners at CHF Canada had to say about … Continued

We’re happy to report that talkcommunity.ca, the website supporting the new ARC program (active resilient communities), is up and running.

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.