Common use of Funding Principles Clause in Contracts

Funding Principles. 6.1. CMHC Funding and Cost-Matched Funding and Action Plans under this Agreement must respect the following principles: (a) Protect housing affordability for households in Housing Need living in Social Housing by: (i) first preserving, then expanding the number of Units of Social Housing that receive assistance or for which a household in Housing Need receives assistance directly in respect of a Unit; (ii) providing a sufficient level of affordability support to ensure households are not in Housing Need, without creating unintended disincentives to employment, education, and such other agreed upon potential impact areas; and (iii) improving the condition of the existing Social Housing. (b) Prioritize Housing investments to the Community Housing sector, while taking into account the different needs, priorities and contexts of British Columbia. (c) Promote social inclusion through mixed-income or mixed-use Housing and by assisting the most vulnerable and those in greatest Housing Need. (d) Create liveable and inclusive communities by supporting Social Housing and housing that is affordable and easily accessible to health services, education, early learning and child care facilities, employment opportunities, and public transit where provided or available in the community. (e) Promote environmental sustainability, energy efficiency, and local employment benefits. This includes through new and renewed (repaired) Housing that exceeds National Energy Building Code standards for large projects or such equivalent standards as may be recognized in British Columbia, and Community Employment Benefits and climate lens considerations under the Investing in Canada Plan as set out in Schedule C. (f) Support good governance and financial stability of the Community Housing sector through greater openness, transparency, and accountability.

Funding Principles. 6.1. CMHC Funding and Cost-Matched Funding and Action Plans under this Agreement must respect the following principles: (a) Protect housing affordability for households in Housing Need living in Social Housing by: (i) first preserving, then expanding the number of Units of Social Housing that receive assistance or for which a household in Housing Need receives assistance directly in respect of a Unit; (ii) providing a sufficient level of affordability support to ensure households are not in Housing Need, without creating unintended disincentives to employment, education, and such other agreed upon potential impact areas; and (iii) improving the condition of the existing Social Housing. (b) Prioritize Housing investments to the Community Housing sector, while taking into account the different needs, priorities and contexts of British ColumbiaOntario. (c) Promote social inclusion through mixed-income or mixed-use Housing and by assisting the most vulnerable and those in greatest Housing Need. (d) Create liveable and inclusive communities by supporting Social Housing and housing that is affordable and easily accessible to health services, education, early learning and child care facilities, employment opportunities, and public transit where provided or available in the community. (e) Promote environmental sustainability, energy efficiency, and local employment benefits. This includes through new and renewed (repaired) Housing that exceeds National Energy Building Code standards for large projects or such equivalent standards as may be recognized in British ColumbiaOntario, and Community Employment Benefits and climate lens considerations under the Investing in Canada Plan as set out in Schedule C. (f) Support good governance and financial stability of the Community Housing sector through greater openness, transparency, and accountability.

Funding Principles. 6.1. CMHC Funding and Cost-Matched Funding and Action Plans under this Agreement must respect the following principles: (a) Protect housing affordability for households in Housing Need living in Social Housing by: (i) first preserving, then expanding the number of Units of Social Housing that receive assistance or for which a household in Housing Need receives assistance directly in respect of a Unit; (ii) providing a sufficient level of affordability support to ensure households are not in Housing Need, without creating unintended disincentives to employment, education, and such other agreed upon potential impact areas; and (iii) improving the condition of the existing Social Housing. (b) Prioritize Housing investments to the Community Housing sector, while taking into account the different needs, priorities and contexts of British Columbiathe Northwest Territories. (c) Promote social inclusion through mixed-income or mixed-use Housing and by assisting the most vulnerable and those in greatest Housing Need. (d) Create liveable and inclusive communities by supporting Social Housing and housing that is affordable and easily accessible to health services, education, early learning and child care facilities, employment opportunities, and public transit where provided or available in the community. (e) Promote environmental sustainability, energy efficiency, and local employment benefits. This includes through new and renewed (repaired) Housing that exceeds National Energy Building Code standards for large projects or such equivalent standards as may be recognized in British Columbiathe Northwest Territories, and Community Employment Benefits and climate lens considerations under the Investing in Canada Plan as set out in Schedule C. (f) Support good governance and financial stability of the Community Housing sector through greater openness, transparency, and accountability.