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Affordable Housing Initiative - British Columbia - Canada
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Affordable Housing Initiative

Affordable housing funding for Basin communities
Last Update: June 5, 2026
Funding available
Varies by project
Timeline
  • Open continuously
Location
British Columbia, Canada

Overview

This program supports affordable housing development in Basin communities. It funds proposal development, capital costs, and energy upgrades for existing affordable housing, but no maximum funding amount is specified.
/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Increase performance through digital transformation
  • Increase social or community impact
  • Reduce environmental footprint
Eligible Funding
  • Varies by project
Timeline
  • Open continuously

Eligible candidates

Eligible Industries
  • All industries
Location
  • British Columbia
Legal structures
  • Non-profit
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • All groups
Non-profit candidates
Sector of operation
  • Housing
Target groups
  • All the groups
Revenue structures
  • 100% donations / grants
Scope
  • Local

Next Steps

1
Determine your project
2
Validate your eligibility

Activities funded

  • Development of new affordable housing units.
  • Energy-efficiency upgrades to existing affordable housing.
  • Renewable energy improvements for housing projects.

Eligibility

Who is eligible?

  • Local governments.
  • Non-profit housing societies.
  • First Nations partners.

Eligible expenses

  • Project proposal development costs.
  • Capital costs for new affordable housing.
  • Energy-efficiency upgrades for existing affordable housing.
  • Renewable energy installations, including solar photovoltaic arrays.
  • Fibre optic cable and construction training opportunities linked to the project.

Eligible geographic areas

  • Basin communities.
  • Columbia Basin Trust area.

Selection criteria

  • Project fit with affordable housing goals.
  • Availability of resources for support.
  • Presence of other funding opportunities for the project.

How to apply

  • Step 1: Contact Trust staff to discuss your project idea.
  • Step 2: Explore possible support for your affordable housing project.

Processing and Agreement

  • Applications are considered on a case-by-case basis.
  • The Trust reviews projects in light of available resources and other funding opportunities.
  • If a project is of interest, Trust staff can discuss possible support with the applicant.

Additional information

  • Support is considered on a case-by-case basis.
  • The Trust may directly develop small, modest multi-unit residential projects when needed.

Contacts

Frequently Asked Questions about the Affordable Housing Initiative Program

What is the Affordable Housing Initiative?

This program supports affordable housing development in Basin communities. It funds proposal development, capital costs, and energy upgrades for existing affordable housing, but no maximum funding amount is specified.

Who is eligible for the Affordable Housing Initiative program?

To be eligible for the Affordable Housing Initiative program, you must: Affordable housing project. Project development support needed. Applicant has a project idea.

What expenses are eligible under Affordable Housing Initiative?

Development of new affordable housing units. Energy-efficiency upgrades to existing affordable housing. Renewable energy improvements for housing projects.

Who can I contact for more information about the Affordable Housing Initiative?

You can contact Columbia Basin Trust by email at housing@ourtrust.org.

Where is the Affordable Housing Initiative available?

The Affordable Housing Initiative program is available the province of British Columbia.

Is the Affordable Housing Initiative a grant, loan, or tax credit?

Affordable Housing Initiative is a Grant and Funding

Who are the financial supporters of the Affordable Housing Initiative?

Affordable Housing Initiative is funded by Columbia Basin Trust