Financial Provisions. 6.1. Maximum CMHC Funding for the HB by Fiscal Year is set out below for the initial period beginning on April 1, 2020 to March 31, 2022: 2020-2021 $29,728,100 2021-2022 $38,119,000 6.2. CMHC Funding for the HB during the period from Fiscal Years 2022-2023 to 2027-2028 is the maximum amount of $663,989,600 and will be allocated to MHO in accordance with the relevant Action Plan Periods set out in Schedule C, subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. The notional amount of annual CMHC Funding for the following years are set out below: 2022-2023 $58,946,100 2023-2024 $78,118,300 2024-2025 $91,508,700 2025-2026 $124,028,300 2026-2027 $143,156,000 2027-2028 $168,232,200 6.3. CMHC Funding cannot be reallocated among Fiscal Years without prior CMHC approval. In addition, CMHC Funding cannot be reallocated among Initiatives. 6.4. For greater clarity and in accordance with subparagraph 7.4 of the Agreement, CMHC Funding and Cost-Matched Funding for HB will not replace or displace any level of provincial or municipal spending. 6.5. Payment of CMHC Funding remains subject subparagraph 7.5 of the Agreement and the finalized Action Plan as set out in subparagraph 5.1 of this Schedule B.1.
Appears in 1 contract
Samples: Bilateral Agreement
Financial Provisions. 6.1. Maximum CMHC Funding for the HB by Fiscal Year is set out below for the initial period beginning on April 1, 2020 to March 31, 2022: 2020-2021 $29,728,100 2,526,500 2021-2022 $38,119,0003,239,600
6.2. CMHC Funding for the HB during the period from Fiscal Years 2022-2023 to 2027-2028 is the maximum amount of $663,989,600 31,428,000 and will be allocated to MHO NLHC in accordance with the relevant Action Plan Periods set out in Schedule C, subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. The notional amount of annual CMHC Funding for the following years are set out below: 2022-2023 $58,946,100 3,239,300 2023-2024 $78,118,300 3,980,200 2024-2025 $91,508,700 4,497,800 2025-2026 $124,028,300 5,754,400 2026-2027 $143,156,000 6,493,600 2027-2028 $168,232,2007,462,700
6.3. CMHC Funding cannot be reallocated among Fiscal Years without prior CMHC approval. In addition, CMHC Funding cannot be reallocated among Initiatives.
6.4. For greater clarity and in accordance with subparagraph 7.4 of the Agreement, CMHC Funding and Cost-Matched Funding for HB will not replace or displace any level of provincial or municipal spending. For the purposes of cost-matching the HB, provincial or municipal spending from and after April 1, 2018 which contributes to the achievement of Targets and Outcomes may be recognized as Cost-Matched Funding in accordance with the co-developed HB program design.
6.5. Payment of CMHC Funding remains subject subparagraph 7.5 of the Agreement and the finalized Action Plan as set out in subparagraph 5.1 of this Schedule B.1.
Appears in 1 contract
Samples: Bilateral Agreement
Financial Provisions. 6.1. Maximum CMHC Funding for the HB by Fiscal Year is set out below for the initial period beginning on April 1, 2020 to March 31, 2022: 2020-2021 $29,728,100 549,100 2021-2022 $38,119,000704,100
6.2. CMHC Funding for the HB during the period from Fiscal Years 2022-2023 to 2027-2028 is the maximum amount of $663,989,600 12,992,000 and will be allocated to MHO Xxxxxx Xxxxxx Island Housing Corporation in accordance with the relevant Action Plan Periods set out in Schedule C, subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. The notional amount of annual CMHC Funding for the following years are set out below: 2022-2023 $58,946,100 1,615,700 2023-2024 $78,118,300 1,819,500 2024-2025 $91,508,700 1,961,800 2025-2026 $124,028,300 2,307,300 2026-2027 $143,156,000 2,510,600 2027-2028 $168,232,2002,777,100
6.3. CMHC Funding cannot be reallocated among Fiscal Years without prior CMHC approval. In addition, CMHC Funding cannot be reallocated among Initiatives.
6.4. For greater clarity and in accordance with subparagraph 7.4 of the Agreement, CMHC Funding and Cost-Matched Funding for HB will not replace or displace any level of provincial or municipal spending. For the purposes of cost-matching the HB, provincial or municipal spending from and after April 1, 2018 which contributes to the achievement of Targets and Outcomes may be recognized as Cost-Matched Funding in accordance with the co-developed HB program design.
6.5. Payment of CMHC Funding remains subject subparagraph 7.5 of the Agreement and the finalized Action Plan as set out in subparagraph 5.1 of this Schedule B.1.
Appears in 1 contract
Samples: Bilateral Agreement
Financial Provisions. 6.1. Maximum CMHC Funding for the HB by Fiscal Year is set out below for the initial period beginning on April 1, 2020 to March 31, 2022: 2020-2021 $29,728,100 7,490,400 2021-2022 $38,119,0009,604,700
6.2. CMHC Funding for the HB during the period from Fiscal Years 2022-2023 to 2027-2028 is the maximum amount of $663,989,600 204,993,300 and will be allocated to MHO ASHC in accordance with the relevant Action Plan Periods set out in Schedule C, subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. The notional amount of annual CMHC Funding for the following years are set out below: 2022-2023 $58,946,100 18,524,400 2023-2024 $78,118,300 24,322,600 2024-2025 $91,508,700 28,372,200 2025-2026 $124,028,300 38,207,000 2026-2027 $143,156,000 43,991,700 2027-2028 $168,232,20051,575,400
6.3. CMHC Funding cannot be reallocated among Fiscal Years without prior CMHC approval. In addition, CMHC Funding cannot be reallocated among Initiatives.
6.4. For greater clarity and in accordance with subparagraph 7.4 of the Agreement, CMHC Funding and Cost-Matched Funding for HB will not replace or displace any level of provincial or municipal spending. For the purposes of cost-matching the HB, provincial or municipal spending from and after April 1, 2018 which contributes to the achievement of Targets and Outcomes may be recognized as Cost-Matched Funding in accordance with the co-developed HB program design.
6.5. Payment of CMHC Funding remains subject subparagraph 7.5 of the Agreement and the finalized Action Plan as set out in subparagraph 5.1 of this Schedule B.18.1.
Appears in 1 contract
Samples: Bilateral Agreement
Financial Provisions. 6.1. Maximum CMHC Funding for the HB by Fiscal Year is set out below for the initial period beginning on April 1, 2020 to March 31, 2022: 2020-2021 $29,728,100 3,786,000 2021-2022 $38,119,0004,854,700
6.2. CMHC Funding for the HB during the period from Fiscal Years 2022-2023 to 2027-2028 is the maximum amount of $663,989,600 51,188,500 and will be allocated to MHO Housing Nova Scotia in accordance with the relevant Action Plan Periods set out in Schedule C, subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. The notional amount of annual CMHC Funding for the following years are set out below: 2022-2023 $58,946,100 4,979,500 2023-2024 $78,118,300 6,296,200 2024-2025 $91,508,700 7,215,800 2025-2026 $124,028,300 9,449,200 2026-2027 $143,156,000 10,762,800 2027-2028 $168,232,20012,485,000
6.3. CMHC Funding cannot be reallocated among Fiscal Years without prior CMHC approval. In addition, CMHC Funding cannot be reallocated among Initiatives.
6.4. For greater clarity and in accordance with subparagraph 7.4 of the Agreement, CMHC Funding and Cost-Matched Funding for HB will not replace or displace any the level of provincial or municipal spendingspending in place on or before March 31, 2018. For the purposes of costmatching the HB, provincial or municipal spending from and after April 1, 2018 which contributes to the achievement of Targets and Outcomes may be recognized as CostMatched Funding in accordance with the co-developed HB program design.
6.5. Payment of CMHC Funding remains subject subparagraph 7.5 of the Agreement and the finalized Action Plan as set out in subparagraph 5.1 of this Schedule B.1.
Appears in 1 contract
Samples: Bilateral Agreement
Financial Provisions. 6.1. Maximum CMHC Funding for the HB by Fiscal Year is set out below for the initial period beginning on April 1, 2020 to March 31, 2022: 2020-2021 $29,728,100 11,137,400 2021-2022 $38,119,00014,280,900
6.2. CMHC Funding for the HB during the period from Fiscal Years 2022-2023 to 2027-2028 is the maximum amount of $663,989,600 233,413,600 and will be allocated to MHO BCHMC in accordance with the relevant Action Plan Periods set out in Schedule C, subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. The notional amount of annual CMHC Funding for the following years are set out below: 2022-2023 $58,946,100 $ 21,027,300 2023-2024 $78,118,300 $ 27,653,500 2024-2025 $91,508,700 $ 32,281,500 2025-2026 $124,028,300 $ 43,520,900 2026-2027 $143,156,000 $ 50,131,800 2027-2028 $168,232,200$ 58,798,600
6.3. CMHC Funding cannot be reallocated among Fiscal Years without prior CMHC approval. In addition, CMHC Funding cannot be reallocated among Initiatives.
6.4. For greater clarity and in accordance with subparagraph 7.4 of the Agreement, CMHC Funding and Cost-Matched Funding for HB will not replace or displace any level of provincial or municipal spending.
6.5. Payment of CMHC Funding remains subject to subparagraph 7.5 of the Agreement and the finalized and mutually agreed-to Action Plan as set out in subparagraph 5.1 6.1 of this Schedule B.1.
Appears in 1 contract
Samples: Bilateral Agreement
Financial Provisions. 6.1. Maximum CMHC Funding for the HB by Fiscal Year is set out below for the initial period beginning on April 1, 2020 to March 31, 2022: 2020-2021 $29,728,100 2,893,800 2021-2022 $38,119,0003,710,600
6.2. CMHC Funding for the HB during the period from Fiscal Years 2022-2023 to 2027-2028 is the maximum amount of $663,989,600 42,553,100 and will be allocated to MHO NBHC in accordance with the relevant Action Plan Periods set out in Schedule C, subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. The notional amount of annual CMHC Funding for the following years are set out below: 2022-2023 $58,946,100 $ 4, 219,100 2023-2024 $78,118,300 $ 5,284,100 2024-2025 $91,508,700 $ 6,028,000 2025-2026 $124,028,300 $ 7,834,600 2026-2027 $143,156,000 $ 8,897,100 2027-2028 $168,232,200$ 10,290,200
6.3. CMHC Funding cannot be reallocated among Fiscal Years without prior CMHC approval. Subject to government authorization, CMHC is agreeable to reallocate the CMHC Funding for Fiscal Year 2020-21 by evenly distributing it over Fiscal Years 2022-23 to 2027-28. In addition, CMHC Funding cannot be reallocated among Initiatives.
6.4. For greater clarity and in accordance with subparagraph 7.4 of the Agreement, CMHC Funding and Cost-Matched Funding for HB will not replace or displace any level of provincial or municipal spending. For the purposes of cost-matching the HB, provincial or municipal spending from and after April 1, 2018 which contributes to the achievement of Targets and Outcomes may be recognized as Cost-Matched Funding in accordance with the co-developed HB program design.
6.5. Payment of CMHC Funding remains subject to subparagraph 7.5 of the Agreement and the finalized Action Plan as set out in subparagraph 5.1 of this Schedule B.1.
Appears in 1 contract
Samples: Bilateral Agreement
Financial Provisions. 6.1. Maximum CMHC Funding for the HB by Fiscal Year is set out below for the initial period beginning on April 1, 2020 to March 31, 2022: 2020-2021 $29,728,100 682,600.00 2021-2022 $38,119,000875,300.00
6.2. CMHC Funding for the HB during the period from Fiscal Years 2022-2023 to 2027-2028 is the maximum amount of $663,989,600 8,044,400.00 and will be allocated to MHO the Northwest Territories Housing Corporation in accordance with the relevant Action Plan Periods set out in Schedule C, subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. The notional amount of annual CMHC Funding for the following years are set out below: 2022-2023 $58,946,100 1,180,000.00 2023-2024 $78,118,300 1,239,600.00 2024-2025 $91,508,700 1,281,200.00 2025-2026 $124,028,300 1,382,300.00 2026-2027 $143,156,000 1,441,700.00 2027-2028 $168,232,2001,519,600.00
6.3. CMHC Funding cannot be reallocated among Fiscal Years without prior CMHC approval. In addition, CMHC Funding cannot be reallocated among Initiatives.
6.4. For greater clarity and in accordance with subparagraph 7.4 of the Agreement, CMHC Funding and Cost-Matched Funding for HB will not replace or displace any level of provincial or municipal spending.
6.5. Payment of CMHC Funding remains subject to subparagraph 7.5 of the Agreement and the finalized Action Plan as set out in subparagraph 5.1 of this Schedule B.1.
Appears in 1 contract
Samples: Bilateral Agreement
Financial Provisions. 6.1. Maximum CMHC Funding for the HB by Fiscal Year is set out below for the initial period beginning on April 1, 2020 to March 31, 2022: 2020-2021 $29,728,100 3,409,500 2021-2022 $38,119,0004,371,800
6.2. CMHC Funding for the HB during the period from Fiscal Years 2022-2023 to 2027-2028 is the maximum amount of $663,989,600 59,738,700 and will be allocated to MHO SHC in accordance with the relevant Action Plan Periods set out in Schedule C, subject to subparagraph 5.2 of the Agreement and appropriations by Parliament. The notional amount of annual CMHC Funding for the following years are set out below: 2022-2023 $58,946,100 5,732,500 2023-2024 $78,118,300 7,298,400 2024-2025 $91,508,700 8,391,900 2025-2026 $124,028,300 11,047,900 2026-2027 $143,156,000 12,610,000 2027-2028 $168,232,20014,658,000
6.3. CMHC Funding cannot be reallocated among Fiscal Years without prior CMHC approval. In addition, CMHC Funding cannot be reallocated among Initiatives.
6.4. For greater clarity and in accordance with subparagraph 7.4 of the Agreement, CMHC Funding and Cost-Matched Funding for HB will not replace or displace any level of provincial or municipal spending. For the purposes of cost-matching the HB, provincial or municipal spending from and after April 1, 2018 which contributes to the achievement of Targets and Outcomes may be recognized as Cost-Matched Funding in accordance with the co-developed HB program design.
6.5. Payment of CMHC Funding remains subject subparagraph 7.5 of the Agreement and the finalized Action Plan as set out in subparagraph 5.1 of this Schedule B.1.
Appears in 1 contract
Samples: Bilateral Agreement