Preservation Funding helps existing community housing providers remain viable and prepare for future funding opportunities by providing financial assistance to support the cost of completing preservation activities.

Preservation Funding is open to:

  • Community housing providers1 (for example, non-profit housing organizations and rental co-operatives)

The maximum funding amount per project is determined through a scoring and prioritization process. Each funding commitment offers a 6-month period to complete and submit a payment request.

For more details, see the information below and the Product Highlight Sheet (PDF).

ELIGIBILITY AND REQUIREMENTS

Minimum requirements – Preservation

  • You hold an active federally administered operating agreement; and
  • You comply with the terms of the operating agreement (not in breach).

Minimum requirements – Seed (Preservation Stream)
Your project must:

  • have been previously subject to a federally administered operating agreement (including federally administered social housing projects and those transferred under a Social Housing Agreement (SHA) whose federal operating agreements have ended);
  • be primarily residential;
  • have a minimum of 5 affordable units/beds; and
  • be considered affordable, as determined by the Municipality, Province or Territory, or as accepted under other CMHC programs.

Eligible activities2.
Funding may be provided to support costs that help preserve community housing.

Activities may include:

  • a building condition report
  • capital replacement reserve planning
  • an operating viability analysis

For a complete list of eligible activities, see the Product Highlight Sheet (PDF).

APPLICATION AND APPROVAL PROCESS

CMHC will accept and review applications on a continuous basis.

Prioritization of applications
All applications for funding will be assessed based on need, outcomes, and on the achievement of National Housing Strategy outcomes including:

  • housing for those in greatest need (vulnerable Canadians)
  • housing for those in the North (Yukon, Northwest Territories and Nunavut)
  • partnerships and collaborations
  • social sustainability
  • economic sustainability
  • environmental sustainability

During assessment, CMHC will determine the amount of funding your project is eligible to receive.

RESOURCES

The following resources are available to help you prepare your application:

APPLY TODAY

The application form will consist of a number of questions over several pages. You can see your progress through the steps of the application at the top of each page.

As you move forward through the application, the completed pages will be saved automatically. Partially completed pages – those that are missing required fields – will not be saved.

You may leave the application portal and return at a later time; your application progress will be saved.

For your application to be considered the following information must be completed and uploaded inside the portal:

  1. Signed Integrity Declaration (PDF): To ensure the integrity of persons or entities applying for funding under Preservation Funding.
  2. The required documents as listed in the Preservation Funding Application – Document Requirements (PDF).

Consult the Application Guide (coming soon) for detailed information and guidance to help you fill out the form.

Important:

  1. Apply using the Preservation Funding form in the application portal.
  2. Give yourself ample time to fill out the detailed, multi-page, online form.

Notice: There are currently issues affecting users of Safari. For optimal performance, CMHC recommends using Chrome, Edge or Internet Explorer to submit your application.

Contact

For help in completing your application, contact your Affordable Housing Specialist. They can help you understand and assess your needs, identify possible solutions, provide information on how CMHC can support your goals and help you navigate our application process.

General inquiries or technical support

1 This applies to projects that are currently subject to a federally administered operating agreement and projects that were previously subject to a federally administered operating agreement (including federally administered social housing projects and those transferred under a Social Housing Agreement (SHA) whose federal operating agreements have ended).

2 Expenses/costs related to eligible activities carried out and invoiced prior to the approval date of Preservation Funding are not eligible.

Date Published: April 8, 2019