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CHF BC Welcomes Launch of New Co-operative Housing Development Program

By JordanPaperCrane

This Co-operative Housing Development Program is the first significant federal investment in co-op housing in over 30 years. CHF BC is delighted to see the program—promised in the 2022 federal budget—finally come to fruition.

It includes $500 million in contributions and $1 billion in loans to build housing co-ops across Canada. We are particularly excited that Indigenous-led housing co-ops will be eligible for program funding.

In the News: Vancouver’s Urgent Need for Non-Profit Housing

By JordanPaperCrane

A recent opinion article in the Vancouver Sun by Nancy Hannum highlights the critical need for non-profit housing in Vancouver.

The op‑ed argues that in Metro Vancouver at least 70 per cent of all new rental supply built over the next 20 years must be non-market, including housing co-ops. This is crucial to alleviate the ongoing housing crisis.

2024 Federal budget highlights urgency of the housing crisis

By JordanPaperCrane

Today, Finance Minister Chrystia Freeland tabled the 2024 federal budget, which largely focuses on the housing needs of renters and younger generations.

Many of the housing commitments outlined in the budget were announced as part of the federal government’s new housing plan, unveiled last week.

The Co-operative Housing Federation of Canada strongly supports the government’s sharp focus on housing.

A Path to Delivering More Co-op Homes in Vancouver

By JordanPaperCrane

Vancouver City Councillor Sarah-Kirby-Yung is presenting a motion concerning co-operative housing titled The Future of Co-op Housing – A Path to Delivering More Co-op Homes in Vancouver.

Read on to view a video explainer about, learn about CHF BC’s perspective on, and see media coverage of the motion.

Introducing a New Era of Co-operative Housing in BC

By JordanPaperCrane

In a recent CFRO Co-op Radio interview, CHF BC CEO Thom Armstrong shares his insights into the new era of ambitious initiatives shaping the co-operative housing landscape in British Columbia.

Here are five key takeaways from Thom’s interview that highlight the transformative strides being made in our province.