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This report documents 15 innovative approaches being used by non-profit and co-operative housing groups across Canada to create housing that meets the needs of low to moderate income households, as well as housing that allows provision of services to households with special needs in a way that may cost fewer government dollars than development through previous programs. Key factors involved in the success of individual projects are also discussed. The case studies include examples of approaches involving non-profit rental, life leases, ownership housing, guaranteed equity ownership, strata title equity co-operatives, rental co-operatives, co-operative housing, and creation of a development fund.

This report is organized into two parts. In part I of the report a description of the basic structure of an econometric model of the Canadian housing sector and mortgage market is presented. The model is a result of the effort of the Canada Mortgage and Housing Corporation to enhance its forecasting ability in the area of the housing sector and mortgage market in the Canadian economy. Structural equations of the model have been estimated using available quarterly data in the period from 1963:1 to 1990:4. Time series data on many housing and mortgage market variables are not available for the entire 30 year period. Thus the sample period used in the model estimation varies from one equation to another, depending on the availability of data for the variables included in the equation. Part II presents a series of autoregressive integrated moving average (ARIMA) models of Canadian housing sector and mortgage market variables. It includes a brief summary of ARIMA modeling techniques. Appendix A at the end of the report contains a list of variables and their data sources and Appendix C, a selected bibliography of ARIMA modeling.