Seed Funding for Affordable Housing | Canadian Mortgage and Housing Corporation (CMHC)

Value: Maximum $50,000

Description:

CMHC Seed Funding provides financial assistance to support activities that will help facilitate the creation of new affordable housing units and assist existing housing projects to remain viable and affordable.

Eligibility:

  • Individuals and organizations who want to build affordable housing in Canada
  • Private developers, non-profit housing organizations, non-profit co-operatives, faith-based organizations, municipalities and First Nations
  • The affordable housing project must be located in Canada

Eligible Expenses:

  • New construction, conversions from non-residential use to residential affordable housing or conversions from non-affordable housing to affordable housing
  • Renovation of existing affordable units to prevent them from loss or demolition
  • Housing projects that were previously under a federal operating agreement and whose viability is at risk are also eligible
  • Soft costs, such as incorporation, exploring sources of funding, developing a business plan, project drawings/specifications, as well as a variety professional fees
  • Activities, such as capital replacement planning or energy audits, to help housing projects that were previously under a federal operating agreement and whose viability is at risk

Deadline: Ongoing

Contact: Canada Mortgage and Housing Corporation – Edmonton Region | 780-423-8700

Website: https://www.cmhc-schl.gc.ca/en/inpr/afhoce/afhoce/upload/cmhc-seed-funding-affordable-housing.pdf

By | 2018-08-07T02:28:57+00:00 July 27th, 2018|Categories: Grants|0 Comments

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