Closed
Affordable Housing Development Project Stream
Support for affordable housing projects
Last Update: April 29, 2026
Funding available
$ 5,000,000
Timeline
- Receipt of requests is now closed
Location
Hamilton, Ontario, Canada
Overview
This City of Hamilton program supports affordable housing projects with catalytic funding and letters of support. It targets shovel-ready development and acquisition projects that can advance to construction or property purchase.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Renovate or expand facilities
- Renovate or adapt facilities
Eligible Funding
- Maximum amount : 5,000,000 $
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Construction
- Real estate and rental and leasing
Location
- Hamilton
- Ontario
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Indigenous Peoples
- Women
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Development of new affordable housing projects.
- Acquisition of rental properties for affordable housing use.
- Projects that advance to construction.
Eligibility
Who is eligible?
- Charitable organizations
- Indigenous organizations
- Non-profit organizations
- Market developers with formal partnerships with non-profit providers
Eligible expenses
- Project development costs linked to construction readiness.
- Property acquisition costs for eligible rental housing.
- Fees and permits associated with property acquisition may be waived under the acquisition plan.
Eligible geographic areas
- City of Hamilton
Processing and Agreement
- Applications are reviewed against project criteria and evaluation criteria.
- Projects must meet the required minimum benchmark to qualify.
- Successful proponents are funded based on available funding.
Additional information
- The program is organized by the City of Hamilton.
- It supports projects that are shovel-ready and can advance to construction.
- Applications are available for Development and Acquisition streams.
Frequently Asked Questions about the Affordable Housing Development Project Stream Program
Here are answers to the most common questions about the Affordable Housing Development Project Stream. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Affordable Housing Development Project Stream?
This City of Hamilton program supports affordable housing projects with catalytic funding and letters of support. It targets shovel-ready development and acquisition projects that can advance to construction or property purchase.
How much funding can be received?
Affordable Housing Development Project Stream Funds up to $5,000,000 of admissible expenses.
Who is eligible for the Affordable Housing Development Project Stream program?
To be eligible for the Affordable Housing Development Project Stream program, you must:
Shovel-ready housing project
4 or more units
30% of units at 80% AMR
What expenses are eligible under Affordable Housing Development Project Stream?
Development of new affordable housing projects.
Acquisition of rental properties for affordable housing use.
Projects that advance to construction.
Where is the Affordable Housing Development Project Stream available?
The Affordable Housing Development Project Stream program is available the province of Ontario.
Is the Affordable Housing Development Project Stream a grant, loan, or tax credit?
Affordable Housing Development Project Stream is a Partnering and Collaboration
Who are the financial supporters of the Affordable Housing Development Project Stream?
Affordable Housing Development Project Stream is funded by Innovation Canada, City of Hamilton