Progress on the National Housing Strategy

Affordable Housing Innovation Fund

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

Apartment Construction Loan Program

The Apartment Construction Loan Program (formerly called the Rental Construction Financing initiative) provides low-cost funding to eligible borrowers during the riskiest phases of product development of rental apartments (construction through to stabilized operations). The initiative focuses on standard rental apartment projects in Canada with general occupants where there is a need for additional rental housing supply.

Affordable Housing Fund

The Affordable Housing Fund (formerly called the National Housing Co-Investment Fund) provides capital to partnered organizations for new affordable housing and the renovation and repair of existing affordable and community housing. Funds are provided as low-interest and/or forgivable loans and contributions.

Rapid Housing Initiative

This Rapid Housing Initiative provides capital contributions for the rapid construction of new housing and/or acquisition of existing buildings for rehabilitation or conversion to permanent affordable housing.

Federal Lands Initiative

The Federal Lands Initiative provides surplus federal lands and buildings for development into affordable housing units and communities. Surplus federal lands and buildings are transferred to eligible proponents at discounted to no cost to be developed or renovated for use as affordable housing.

Co-operative Housing Development Program

TAccess forgivable loans along with low-interest repayable loans to build rental co-operative housing. This program supports a new generation of non-profit co-operative housing.

The program launched on July 15, 2024 – the application process is now underway.

Housing Accelerator Fund

The Housing Accelerator Fund provides incentive funding to local governments encouraging initiatives aimed at increasing housing supply. It also supports the development of complete, low-carbon and climate-resilient communities that are affordable, inclusive, equitable and diverse.

Federal Community Housing Initiative

The Federal Community Housing Initiative provides funding and support for housing providers and their low-income tenants. The initiative supports federally administered community housing projects reaching the end of their operating agreements from past social and affordable housing programs.

Community Housing Transformation Centre

The Community Housing Transformation Centre is a network of organizations that represent and serve the needs of Canada's community housing sector. The Centre is a third-party network delivering this National Housing Strategy initiative, which provides access to tools, financial resources and best practices to support the growth, transformation and resilience of community housing. The Centre delivers the Sector Transformation Fund.

Sector Transformation Fund
The Sector Transformation Fund is delivered by the Community Housing Transformation Centre and provides non-repayable contributions to support the longer-term evolution of community housing providers' business models. These contributions aim to encourage the development of more efficient and resilient business models without displacing low-income households.

Community Based Tenant Initiative

The Community-Based Tenant Initiative provides contributions to support local organizations whose purpose is to assist people in housing need. The initiative supports tenants having access to information on housing options and participating in housing decisions that affect them.

Reaching Home (led by Infrastructure Canada)

Reaching Home is a community-based program that helps prevent and reduce homelessness across Canada. This program is investing nearly $4 billion in funding over 9 years to reduce chronic homelessness nationally by 50% by March 2028.

Shared Equity Mortgage Providers Fund

The Shared Equity Mortgage Providers Fund will help 1,500 homebuyers buy their first home and assist in the creation of 1,500 projected new homeownership units.

First-Time Home Buyer Incentive

The First-Time Home Buyer Incentive's goal is to help up to 100,000 qualified first-time homebuyers purchase a home.

Solutions Labs

Solutions Labs offer organizations funding and expertise to help them solve complex housing problems.

The funding is used to explore new ways of making progress on a housing challenge.

Solutions Labs are formed through either our annual open call for proposals process or through our directed lab stream.

Demonstrations Initiative

Demonstrations Initiative funds demonstrations, in a real environment, of solutions supporting housing affordability, the National Housing Strategy priority areas, population groups and outcomes.

Housing Supply Challenge

The Housing Supply Challenge invites citizens, stakeholders and experts from across Canada to propose innovative solutions to the barriers that limit housing supply. The initiative will result in new ideas and solutions that will help more people find an affordable place to call home.

One-time top-up to the Canada Housing Benefit

The One-Time Top-Up to the Canada Housing Benefit was designed to help lower-income renters with the increased cost of rent.

Indigenous Shelter and Transitional Housing Initiative

The Indigenous Shelter and Transitional Housing initiative supports the construction of shelters and transitional housing for Indigenous women, children and LGBTQ2S+ people fleeing gender-based violence. The initiative will fund at least 38 shelters and 50 transitional homes.

Provincial and Territorial Initiatives

See the Quarterly progress report (PDF) for progress to date.