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Affordable Housing Fund │ Canada Mortgage and Housing Corporation (CMHC):

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Value

Varies. Funds are provided as low-interest and/or forgivable loans and contributions.

Description

The Affordable Housing Fund provides capital to partnered organizations for new affordable housing and the repair and renewal of existing affordable and community housing. Funds are provided as low-interest and/or forgivable loans and contributions.

Choosing from the following options:

  • New Construction: Community Housing Sub-Stream – This sub-stream supports the construction of affordable housing supply. Eligible projects include mixed-use and mixed-income communities and those that integrate supports and services.
  • New Construction: Rapid Housing Sub-Stream – This sub-stream focuses on supporting the construction of shelters, transitional and supportive housing for those in greatest need.
  • Repair and Renewal – This stream focuses on the preservation and revitalization of existing community and affordable housing.

 

Eligible Applicants

Any registered Canadian company can apply to the AHF program. This can include:

  • Community Housing providers (I.e. Public or private non-profit housing organizations or rental co-operatives
  • Muncipalities, Provinces and territories
  • Indigenous governments and organizations
  • Private sector

Eligible Expenses

Eligible Projects:

  • Funding for diverse community housing projects
  • Funding for shelters, transitional and supportive housing
  • Repair projects prioritized for accessibility and energy efficiency outcomes
  • Faster, more efficient approvals process
  • Extended 20-year fixed-term low-cost loans for greater predictability

Deadline Date

Open for application.

Contact

Contact Name: CMHC specialist

Phone Number: 1-800-668-2642

E-mail Address: contactcentre@cmhc.ca

Website: https://www.cmhc-schl.gc.ca/professionals/project-funding-and-mortgage-financing/funding-programs/all-funding-programs/affordable-housing-fund

Industry:

Energy & Environment, Housing, Indigenous, Municipalities, Non-Profit

Location:

Alberta, British Colombia, Manitoba, New Brunswick, Newfoundland, Nova Scotia, Nunavut, NWT, Ontario, PEI, Quebec, Saskatchewan, USA, Yukon

Tags:

ABmunis

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Canada

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Download Now! Five Grant Gotchas

There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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