BILATERAL AGREEMENT UNDER THE 2017 NATIONAL HOUSING STRATEGY AMENDED AND CONSOLIDATED 1SCHEDULE B BRITISH COLUMBIA HOUSING MANAGEMENT COMMISSION ("BCHMC") -DELIVERED INITIATIVES (CMHC-FUNDED)Bilateral Agreement • February 5th, 2024
Contract Type FiledFebruary 5th, 2024INITIATIVE OBJECTIVE 1 British Columbia Priorities Housing Initiative Flexibility to support regional needs and priorities within British Columbia for Housing in support of the Action Plan and in accordance with the Agreement, including without limitation, the Funding Principles set out in paragraph 6 of the Agreement and Use of Funds set out in subparagraphs 7.2 and 7.3 of the Agreement. Proponent Type:May include, without limitation, governments, non-profits, co- operatives, Indigenous housing providers, for-profit landlords, tenants, homeowners, all as determined by BCHMC 2 Canada Community Housing Initiative Funding must be used solely in respect of Social Housing and Community Housing in order to protect, regenerate and expand Social Housing and Community Housing and to reduce Housing Need in Social Housing and Community Housing, having regard to regional needs and priorities. In addition, this Initiative requires the preservation of Urban Native Social Housing Units to ensure t