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Canada Greener Affordable Housing program │ Canada Mortgage and Housing Corporation (CMHC):

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Fund 100% of eligible retrofit costs, up to $170,000 per unit. Forgivable loans will be the lesser of: $85,000 per unit, or 80% of eligible retrofit costs. For pre-retrofit activities, the maximum contribution is $130,000 per project.

Description

Canada Greener Affordable Housing helps affordable housing providers complete deep energy retrofits on existing multi-unit residential buildings.

Funding Opportunities:

  • Pre-Retrofit Funding – For activities like energy audits, energy modelling studies and building condition assessment reports needed for a Retrofit Funding application. Now accepting applications until January 31, 2024.
  • Retrofit Funding – For deep energy retrofits that will reduce rental buildings energy consumption and greenhouse gas emissions. Now accepting applications on a continuous basis until the available funding has been fully committed.

Eligible Applicants

To be eligible for this funding, you must have an affordable housing purpose and a proven mandate to provide housing to lower-income households or populations in need. This funding is open to:

  • community housing providers such as non-profit housing organizations, public housing agencies and rental co-operatives
  • Indigenous governments and organizations including First Nations, Tribal Councils and Indigenous housing providers
  • provincial, territorial and municipal governments

Private market housing organizations are not eligible for this funding.

Eligible property types:

  • mixed income rental or mix-use with affordable rental housing
  • community housing
  • affordable rental housing
  • Indigenous community housing and cultural spaces
  • Shelters, transitional and supportive housing
  • Single-room occupancy

Eligible Expenses

This program provides forgivable and low-interest loans to help finance building retrofit measures and activities needed to meet climate goals. It also supplies contributions for pre-retrofit activities needed to plan, prepare and apply for retrofit funding.

  • CMHC will fund 100% of eligible retrofit costs, up to $170,000 per unit (low-interest repayable and forgivable loans combined). Forgivable loans will be the lesser of: $85,000 per unit, or 80% of eligible retrofit costs. Low-interest loans will be available to finance the rest.
  • For pre-retrofit activities, the maximum contribution is $130,000 per project.
  • The project must be primarily residential and have at least 5 units or beds. Buildings must be at least 20 years old.
  • Applicants must meet a municipal, provincial, territorial, Indigenous government or CMHC program affordability criteria. Applicants can also follow other affordability criteria such as rent-geared-to-income, low-income, moderate-income, established income or rent limits/thresholds.

Deadline Date

Retrofit Funding – Continuous.

Contact

Contact Name: Canada Mortgage and Housing Corporation

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/canada-greener-affordable-housing-program

Industry:

Housing, Municipalities

Location:

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

Tags:

ABmunis

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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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