Phase 2 of the Federal Community Housing Initiative is a new rental assistance
program. It’s designed for community housing providers reaching the end
of their federally administered operating agreements from past social and
affordable housing programs.
Phase 2 is not an extension or continuation of other programs or of these
prior agreements. It will provide funding from April 1, 2020 until March 31,
It has 2 components: rental assistance and temporary transitional assistance.
Rental assistance is offered to housing providers to ensure low-income
households continue to receive rental support to helps reduce or eliminate
their housing need.
Some housing providers may be able to access temporary Transitional
Assistance* to help switch to the new program.
The Rental Assistance program provides funding to providers. It’s based
on the amount needed to supplement the difference between the occupancy charge
and the rent-geared-to-income charged to low-income tenants.
Eligible providers may qualify for a one-time transitional assistance to
help fund some operating costs for up to 24 months. CMHC will complete an
initial analysis and work with the housing provider to determine if this
assistance can address their needs.
Housing providers with rental assistance will be offered guidance and tools to
identify suitable strategies and options that help strengthen their community