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Homestarts Supports the You Hold the Key Campaign in Maintaining Affordable Co-op Homes

The most serious threat to housing co-ops in Canada is the expiring operating agreements. In the coming years, 20,759 federally-funded co op households under all federal programs, representing 51,898 low-income Canadians, are at risk of being lost.

Less than seven years from now (by 2020), most of the existing co‑op homes currently affordable for low-income residents will become unaffordable if governments across the country do not work together to protect housing affordability.

The problem does not only threaten co‑op households. Across Canada, there are 200,000 vulnerable households (housing approximately 500,000 Canadians) in co op, non-profit and public housing whose assistance will be cut when federal operating agreements with these housing providers end.

Canada’s governments need to take action now to keep rent-geared-to-income housing assistance in place for low-income households who will lose it after federal housing agreements end. CHF Canada has launched the ‘You Hold the Key‘ Campaign asking governments to create and fund long-term, cost-shared rent supplement programs, to be delivered by provinces and territories (and municipalities in Ontario).

For more information please refer to CHF Canada’s You Hold the Key Resource Page.

Homestarts’ Advocacy on Housing Issues

Homestarts’ staff actively participates in sector advocacy events promoting housing issues through CHF Canada’s “You Hold the Key – Fix the Co-op Housing Crunch” campaign and City of Toronto’s “Close the Housing Gap” campaign.

Homestarts’ staff have supported the co-op movement and attended:

  • November 20, 2013 – Close the Housing Gap Rally on Parliament Hill in Ottawa

  • January 28, 2014 – Close the Housing Gap Roundtable in Toronto

  • March 19, 2014 – Housing Meetings with MPPs at Queen’s Park as part of Close the Housing Gap campaign and Fix the Co-op Housing Crunch campaign

  • June 3, 2015 – Rally on Parliament Hill in support of Fix the Co-op Housing Crunch

  • April 28, 2015 – Rally at Toronto City Hall in support of Fix the Co-op Housing Crunch