Common Contracts
1 similar Bilateral Agreement contracts
BILATERAL AGREEMENT UNDER THE 2017 NATIONAL HOUSING STRATEGYBilateral Agreement • December 7th, 2021
INITIATIVE OBJECTIVE 3 Canada - Prince Edward Island Housing Benefit CMHC and Prince Edward Island Housing Corporation have agreed, in accordance with the FPT Housing Partnership Framework and NHS Principles, to co-develop and cost-share the Canada– Prince Edward Island Housing Benefit (“HB”) based on the federal HB themes set out in this Schedule B.1 and local housing affordability challenges as described in the Action Plan. Recognizing the regional needs and priorities within Prince Edward Island, the HB will provide direct affordability support to households in Housing Need in order to eliminate or significantly reduce Housing Need in accordance with the agreed-to Targets and Outcomes. Prince Edward Island Housing Corporation is responsible for delivering the HB and shall be implemented starting April 1, 2020. Proponent Type:The HB shall be paid directly to, or on behalf of, households in Housing Need as set out in the Action Plan.
