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Rapid Housing Initiative (RHI) │ Canada Mortgage and Housing Corporation (CMHC):

May 15, 2023

Value

Varies.

Description

The objective is to create new units of permanent affordable housing for people and populations who are vulnerable and targeted under the National Housing Strategy (NHS). Through this additional funding, 4,500 new affordable units will be built with at least 25% of investments going towards women-focused affordable housing projects. A total of $1.5 billion was made available with $1 billion allocated to the Projects Stream and $500 million to the Cities Stream.

Eligible Applicants

  • Municipalities
  • Provinces/Territories
  • Indigenous organizations
  • Non-Profit Housing/Community Agency
  • Associations
  • Public Sector/Government

Eligible Expenses

Program Stream:

  • Projects Stream – CMHC is currently reviewing applications submitted to the Projects Stream. Successful and unsuccessful applicants will be notified after the end of the review and prioritization period.
  • Cities Stream – Pre-determined municipalities have submitted a number of projects for review to ensure they meet or exceed the minimum requirements for RHI. Projects proposed under the Cities Stream are being prioritized by the municipalities.

Deadline Date

The application window is closed. Applications are now being reviewed and prioritized. All Cities Stream applications will be reviewed by May 15, 2023.

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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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