Bilateral Agreement Cmhc

The province of B.C. and the Canadian government each contributed US$88.7 million over four years from April 1, 2002 to March 31, 2006. With funding from this agreement, approximately 3,900 units have been created by the Provincial Housing Program, the BC Independent Living Program and the Community Partnership Initiatives Program. Provincial and territorial investments in affordable housing and reported results. The 10-year agreement will invest more than $4.2 billion in the protection, renewal and development of social and municipal housing and support Ontario`s housing repair, construction and accessibility priorities. The governments of Canada and Ontario will also work together to design and implement a new Canada Housing Benefit in Ontario. This new agreement marks the beginning of a partnership supported by long-term and predictable financing from April 1, 2019. In July 2011, the Government of Canada and the province of B.C. announced a $180 million agreement to invest in affordable housing to meet a range of housing needs for low-income people, families and seniors.

Each government contributed US$90 million over a three-year period (April 1, 2011 to March 31, 2014). Funding programs for the initial phase of the agreement are: Provinces and territories provide federal funding under the National Housing Strategy through bilateral agreements with the Canada Mortgage and Housing Corporation. Agreement with CMHC: CMHC – Yukon Agreement for Investment in Affordable Housing (PDF) Yukon has entered into an affordable housing investment agreement with CMHC effective April 1, 2014 and replaced the previous delivery agreements. The new bilateral agreements signed with the provinces and territories are presented below. In April 2007, a Schedule E Amendment was signed between Canada Mortgage and Housing Corporation and BC Housing, which was to amend the social housing agreement. In January 2012, the parties signed a second letter of contract (modification of Plan C) that included the rental assistance program in the agreement. In August 2016, the Government of Canada signed a third unilateral letter of amendment confirming the implementation of the limited general abandonment of Section 9, point (d) of the social housing agreement. In December 2001, the Government of Canada and the province of B.C.

announced the first bilateral agreement under the Canada-Colombia-Colombia Affordable Housing Agreement. Under this agreement, the Government of Canada will contribute an additional $150 million and the province of B.C. will contribute $63 million over a two-year period (April 1, 2016 to March 31, 2018). Funding is committed as follows: in April 2009, the Affordable Housing Expansion Initiative in 2009 and the Economic Stimulus were signed as part of the Affordable Housing Agreement, with each level of government support being provided to the Provincial Homelessness Initiative, the Seniors Rental Housing Initiative and the Housing Renovation Partnership. Federal NHS funds and equivalent resources made available through bilateral agreements with the CMHC. The Nova Scotia Social Housing Agreement funds repairs to the province`s 11,625 existing housing units (z.B co-operation units supported by the CMHC) and the NHS is expected to repair and renew more than 300,000 existing units across the country. The new bilateral agreement provides for the protection of existing units and increases them by 15% and repairs 20% of social housing. Existing provincial programs need to be simplified to make them easier to understand, said Deputy Minister Nancy MacLellan.