The Co-operative Housing Federation of Canada has advanced a model for a new co-op supply program that would involve the CMHC's investing in a community housing sector-controlled facility to get that money where it's needed most, which is with community housing developers so that community assets can be used to build community wealth. If that model were to be implemented today, we could cut the waiting time on financing and capital subsidies by 90%.
On November 17th, 2023. See this statement in context.