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

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Value

Projects can now get up to $75,000 per unit for exceeding affordability and energy efficiency standards

Description

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.

Eligible Applicants

To qualify, you need to partner with a level of government to ensure coordination of investments.

The Affordable Housing Fund – New Construction Stream is open to:

  • community housing providers (i.e. public or private non-profit housing organizations or rental co-operatives)
  • municipalities
  • provinces and territories
  • Indigenous governments and organizations
  • private sector

Eligible Expenses

We consider the following projects for funding:

  • community and affordable housing
  • urban indigenous community housing
  • mixed use market / affordable rental
  • new construction and/or conversion from a non-residential use to affordable multi-residential
  • shelters
  • transitional and supportive housing

Deadline Date

Funding is still available. The federal government intends to announce reforms to the Affordable Housing Fund in early 2024.

I’m going to let you in on a secret: You don’t have to waste countless hours or drown in paperwork to win grants

With ABG, you can find the right grants, prepare for your meeting, and write a winning application that will get you the most money, in the least amount of time.

Contact Alberta Business Grants right now.

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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