IMPORTANT
Explore the Enhanced Affordable Housing Fund
Discover our new program to learn more and get started.
Federal Budget 2023 Boosts Funding
Projects can now get up to:
- base funding of $25,000 per unit for meeting minimum social outcome requirements
- an additional $25,000 for exceeding affordability standards
- an additional $25,000 for exceeding efficiency standards
This New Construction option of the Affordable Housing Fund provides low-interest loans and forgivable loans to build new affordable housing. The Fund prioritizes partnerships between governments, non-profits, the private sector and other partners.
To qualify, you need to partner with a level of government to ensure coordination of investments.
The Affordable Housing Fund focuses on developing energy-efficient, accessible (PDF) and socially inclusive housing that is:
- mixed-income
- mixed-tenure
- mixed-use that includes affordable housing
Apply for a loan | Apply for a contribution |
---|---|
|
|
IMPORTANT
The Affordable Housing Fund has several options available for new construction and renovations, repair and/or renewal of existing buildings.
Talk to a specialist to see which option is right for you.