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Alberta Business Grants Ltd.

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

April 12, 2024

Value

The Fund will provide $550.8 million over 6 years.

Description

The Affordable Housing Innovation Fund supports new ideas that will drive change and disrupt the industry – ideas and approaches that will evolve the affordable housing sector and create the next generation of housing in Canada.

Eligible Applicants

  • municipalities, provinces and territories
  • private sector developers and builders
  • non-profit housing providers and community housing organizations
  • Indigenous governments and organizations
  • any other housing provider interested in developing and testing innovative approaches to rent-to-own housing

Eligible Expenses

You can get funding for your innovations to:

  • develop and test innovations that incorporate resource and operating efficiencies and are replicable and scalable – including financing, operating models and technologies
  • get flexible financial support to test a range of innovations and leverage new partnerships
  • facilitate partnerships and encourage participation from diverse stakeholders including private sector, not-for-profits, community housing organizations, co-operatives, municipalities

Deadline Date

The Affordable Housing Innovation Fund application portal is closed until further notice.

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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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