Funding programs

The major federal co-operative housing programs differ in detail, but have similar goals:

  • to provide modest, affordable housing that meets the needs of low- and moderate-income Canadians
  • to encourage the social integration of families and individuals of different incomes
    to promote security of tenure for households unable to buy their own homes.

Some co-operatives continue to use the older names for their programs: 34.18 for S61; and 56.1 for S95. The Federal Co-operative Housing Program (FCHP) is the official name for what many co-ops call the ILM Program.

A brief description of the main programs is available below. Detailed information about the programs, in plain language, is available at CMHC’s Program Guidelines.

Documents to consult