Housing Providers
Niagara Regional Housing (NRH) is committed to diverse and creative affordable housing solutions. As such, we provide support and legislative direction to 67 non-profit and co-operative housing providers across Niagara.
Non-profit Housing Corporations:
Non-profit corporations are privately owned and operated by an elected Board of Directors from the community at large. There are 43 non-profit housing providers throughout Niagara. The corporations’ actions are governed by non-profit by-laws and legislation, including the Residential Tenancies Act. In non-profit housing, 75% of households pay rent-geared-to-income, while the remaining 25% pay market rent.
Co-operative Housing Corporations:
Co-operatives are owned and managed by the members who live in the units. The Board of Directors is elected from the membership and governs the co-operatives’ actions in accordance with co-op by-laws and the Co-operatives Corporations Act. Within Niagara, there are 24 co-operatives. 75% of the co-operatives’ households pay rent-geared-to-income, while the remaining 25% pay market rent.
Federal co-operatives’ administration and funding remain with the federal government through the Canada Mortgage and Housing Corporation (CMHC).
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