LATEST
NEWS
A well-informed membership makes the co-op housing movement stronger. Keep up-to-date on the latest CHF BC, and co-op housing related, goings-on by reading our latest news below. To get this news—and more— delivered directly to your inbox, subscribe to our newsletters.
24 August 2020
FCHI-2: A New Rental Assistance Program is Launching Soon
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.
7 November 2019
Important update on CMHC subsidy extensions
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.