Open
Last Update: May 28, 2026
Funding available
$ 30,000,000
Timeline
- Open Date : February 3, 2026
Location
Quebec, Canada
Overview
Affordable Housing NOW supports affordable rental housing projects through Tax Increment Financing and Capital Grants. It funds eligible construction and housing developments that align with Canada’s National Housing Strategy.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase social or community impact
- Enhance an existing program
- Strengthen organizational capacity
Eligible Funding
- Maximum amount : 30,000,000 $
Timeline
- Open Date : February 3, 2026
Eligible candidates
Eligible Industries
- All industries
Location
- Quebec
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
- All structures
Scope
- All dimensions
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- New affordable housing construction.
- Conversion of non-residential buildings to residential use.
- Rehabilitation of vacant and uninhabitable former residential buildings.
Documents Needed
- Application Workbook
- Architectural plans
- Third-party construction budget
Eligibility
Who is eligible?
- Non-profit organizations
- For-profit organizations
- Indigenous governments and organizations
Eligible expenses
- Tax Increment Financing for approved projects
- Capital grants for permits and construction
Eligible geographic areas
- Winnipeg, Manitoba
Processing and Agreement
- Applications are reviewed and evaluated by the Affordable Housing Now team.
- The City of Winnipeg may consult CMHC to confirm priority and eligibility.
- Approved projects receive a Conditional Approval Letter outlining grant type, amount, and conditions.
- A final Grant Agreement is issued after National Housing Strategy funding approval is verified.
Additional information
- The program is fully subscribed and is no longer accepting applications.
- It is designed to complement projects supported under Canada’s National Housing Strategy.
- Two funding streams are available: Tax Increment Financing Grants and Capital Grants.
Frequently Asked Questions about the Affordable Housing NOW Program
Here are answers to the most common questions about the Affordable Housing NOW. 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 NOW?
Affordable Housing NOW supports affordable rental housing projects through Tax Increment Financing and Capital Grants. It funds eligible construction and housing developments that align with Canada’s National Housing Strategy.
How much funding can be received?
Affordable Housing NOW Funds up to $30,000,000 of admissible expenses.
Who is eligible for the Affordable Housing NOW program?
To be eligible for the Affordable Housing NOW program, you must:
Affordable rental housing project
Aligned with National Housing Strategy
Meets minimum housing requirements
What expenses are eligible under Affordable Housing NOW?
New affordable housing construction.
Conversion of non-residential buildings to residential use.
Rehabilitation of vacant and uninhabitable former residential buildings.
Where is the Affordable Housing NOW available?
The Affordable Housing NOW program is available the province of Quebec.
Is the Affordable Housing NOW a grant, loan, or tax credit?
Affordable Housing NOW is a Grant and Funding
Who are the financial supporters of the Affordable Housing NOW?
Affordable Housing NOW is funded by City of Winnipeg