As a result of changes to the Income Tax Act that came into force on January 1, 2012, a low-cost housing corporation for the aged [within the meaning of paragraph 149(1)(i)] that wants to become a qualified donee must apply for registration and be included on a publicly available list maintained by the Canada Revenue Agency (CRA). If it is registered as a qualified donee it can issue official donation receipts and registered charities can make gifts to it.

Criteria and application process

For detailed information about the criteria used by the CRA to determine whether an entity qualifies as a low-cost housing corporation for the aged, the application process and the supporting documentation that the corporation has to submit, see Guidance CG-025, Qualified donee: Low-cost housing corporation for the aged.

Related links

• List of low-cost housing corporations for the aged registered as qualified donees
• Issuing official donation receipts
• Books and records
• Suspension, revocation and objections

References

• Income Tax Act: Tax exemption, 149(1)(i); Definitions, 149.1(1); Public information, 149.1(15)(b)