CMHC: National Housing Co-Investment Fund

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Yesterday, Minister Duclos announced the launch of the National Housing Co-Investment Fund. Part of the federal government’s National Housing Strategy, the National Housing Co-Investment Fund supports the creation or repair of affordable homes across the country.

Covering a broad range of housing needs from shelters to affordable homeownership, the National Housing Co-Investment Fund will:

  • create 60,000 new units
  • repair 240,000 units
  • create or repair at least 4,000 shelter spaces for victims of family violence
  • create at least 7,000 new affordable units for seniors
  • create at least 2,400 new affordable units for people with developmental disabilities

Projects funded through the initiative will also:

  • support Canada’s climate change goals
  • improve accessibility of housing for people with disabilities by promoting accessibility, universal design and visitability

There are two streams within the fund:

Applications are accepted on a continuous basis throughout the year.

NOTE: If you are interested in applying for funding to renovate or repair an affordable housing project, please apply through the Housing Repair and Renewal Stream of the National Housing Co-Investment Fund.

More details can be found here.

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