cover image: Aboriginal housing in Canada

Premium

20.500.12592/1gf7gq

Aboriginal housing in Canada

20 May 2010

Under the new program, the Government provided mortgage interest assistance in the form of non-repayable subsidies to reduce the effective interest on the mortgage to 2%, as well as an amount for operations and maintenance. [...] In 1986, the calculation was revised so it was then based on the difference between the monthly mortgage payment and the 25% RGI of the household income – the so-called “deep subsidy”. [...] The Operating Agreements for the Urban Native Housing Program and those for mainstream housing corporations were basically the same, but with two key differences: the UNH Agreements provided for the position of Tenant Counsellor, and the UNH organizations were to provide services to and for First Nations, Métis or Inuit peoples. [...] In 1996, the federal government pursued negotiations with the provinces and territories to transfer all social housing programs, including Aboriginal housing, to the administration of the provinces and territories. [...] In making the transfer, the provinces are required to respect the terms of the Operating Agreements that had been signed between the UNH Program organizations and CMHC.
health government politics economy housing aids indigenous peoples public housing real estate loan mortgage indians, north american affordable housing lending treaty affordable canada mortgage and housing corporation native peoples first nations province nunavut virus disease indigenous peoples in canada mortgage loan construction and property cmhc bill c-31 nunavut tunngavik

Authors

Hill, Charles W

Pages
15
Published in
Canada

Related Topics

All