Co-op Share Purchase Supplement
About this resource
A supplement to assist recipients of income assistance or disability assistance with the cost of purchasing shares in a co-operative housing corporation.
To enable a family receiving income assistance or disability assistance to obtain residential accommodation, a supplement may be provided to the family unit for the purchase of membership shares in a co-operative housing corporation.
A lump sum up to the amount shown in Rate Table - General Supplements & Programs – Co-op Housing Share Purchase Supplement may be paid only if both of the following apply:
-the family unit has received disability assistance or income assistance for at least the three previous calendar months
-the recipient agrees in writing to repay the lump sum
To enable a family receiving income assistance or disability assistance to obtain residential accommodation, a supplement may be provided to the family unit for the purchase of membership shares in a co-operative housing corporation.
A lump sum up to the amount shown in Rate Table - General Supplements & Programs – Co-op Housing Share Purchase Supplement may be paid only if both of the following apply:
-the family unit has received disability assistance or income assistance for at least the three previous calendar months
-the recipient agrees in writing to repay the lump sum
Details
Resource type
Ministry of Social Development and Social Innovation
Disabilities
Acquired Brain Injury, Autism Spectrum Disorder, Blind / Visual Impairment, Cerebral Palsy, Deaf / Hard of Hearing, Deaf-Blind, Down Syndrome , Dual Diagnosis, Epilepsy / Seizure Disorder, Fetal Alcohol Syndrome / Spectrum Disorders , Intellectual / Developmental Disability, Mental Health , Neuromuscular Disorders, Other / I don't know, Paraplegia / Quadriplegia, Physical Disability / Mobility Impairment, Schizophrenia , Speech Impairment / Social / Communication Disorders, Spina Bifida, Substance Use/Addiction
Age
18-64
Eligibility
BOTH must apply:
- The family unit has received disability assistance or income assistance for at least the three previous calendar months
- The recipient agrees in writing to repay the lump sum
- The family unit has received disability assistance or income assistance for at least the three previous calendar months
- The recipient agrees in writing to repay the lump sum
Location
Regions
Cariboo Chilcotin Coast, Fraser North, Fraser South, Fraser Valley, Greater Vancouver, Kootenays, North East, North West, Sunshine Coast / Squamish-Lillooet, Thompson Okanagan, Vancouver Island Central, Vancouver Island North, Vancouver Island South
Cities
Brentwood Bay, Chemainus, Cobble Hill, Colwood, Cowichan Bay, Crofton, Duncan, Esquimalt, Galiano Island, Honeymoon Bay, Ladysmith, Lake Cowichan, Langford, Mayne Island, Metchosin, Mill Bay , North Saanich, Pender Island, Port Renfrew, Saanich, Saanichton, Salt Spring Island, Saturna Island, Shawnigan Lake, Sidney, Sooke, Swartz Bay, Thetis Island, Victoria, View Royal
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