Open
CMHC - Affordable Housing Fund - New Construction - Rapid Housing Sub-Stream
Funding for rapid housing construction projects
Last Update: June 9, 2026
Funding available
$ 963,000,000
Timeline
- Open Date : February 3, 2026
Location
Canada
Overview
This program provides up to 100% of eligible project costs for rapid housing construction. It supports shelters, transitional housing, and supportive housing projects through contributions, forgivable loans, and repayable loans.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase social or community impact
- Reduce environmental footprint
Eligible Funding
- Maximum amount : 963,000,000 $
- Up to 100% of project cost
Timeline
- Open Date : February 3, 2026
Eligible candidates
Eligible Industries
- All industries
Location
- Canada
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
- Construction of shelters.
- Construction of transitional housing.
- Construction of supportive housing.
Documents Needed
- Completed online application form.
- Application guide review for required information.
- Supporting information needed to create the applicant profile.
Official resources
Eligibility
Who is eligible?
- Non-profit housing organizations.
- Community housing organizations.
- Rental co-operatives.
- Provincial, territorial, Indigenous, and municipal governments, including their agencies.
Eligible expenses
- Project construction costs.
- Project development costs.
Ineligible Costs and Activities
- Ongoing operations and maintenance costs.
Selection criteria
- Project affordability.
- Energy efficiency.
- Accessibility.
- Social outcomes.
How to apply
- Step 1: Review the application guide
- Download the CMHC application guide.
- Review the instructions before starting the application.
- Step 2: Create your profile
- Use the online application portal to start the process.
- Provide the information needed to create your profile.
- Step 3: Complete and submit the application
- Fill out the application in the portal.
- Submit the complete application online.
Processing and Agreement
- Applications are reviewed after submission.
- Complete applications receive a decision within 30 days.
- The decision may be a decline or conditional approval.
Additional information
- Applications are submitted through CMHC’s online application portal.
- An application guide must be downloaded and reviewed before starting.
- Complete applications are assessed within 30 days.
- The program supports low-cost rental housing and single-room occupancy housing for people in greatest need.
Other components of this program
Explore related funding streams and grants that belong to the same program.
- CMHC - Affordable Housing Fund - New Construction - Community Housing Sub-StreamFinancing for new affordable housing construction
Frequently Asked Questions about the CMHC - Affordable Housing Fund - New Construction - Rapid Housing Sub-Stream Program
What is the CMHC - Affordable Housing Fund - New Construction - Rapid Housing Sub-Stream?
This program provides up to 100% of eligible project costs for rapid housing construction. It supports shelters, transitional housing, and supportive housing projects through contributions, forgivable loans, and repayable loans.
How much funding can be received?
CMHC - Affordable Housing Fund - New Construction - Rapid Housing Sub-Stream Funds up to 100% of admissible expenses, capped at $963,000,000 per project.
Who is eligible for the CMHC - Affordable Housing Fund - New Construction - Rapid Housing Sub-Stream program?
To be eligible for the CMHC - Affordable Housing Fund - New Construction - Rapid Housing Sub-Stream program, you must:
Eligible housing or government organization.
Rapid housing construction project.
Low-cost rental or single-room occupancy housing.
What expenses are eligible under CMHC - Affordable Housing Fund - New Construction - Rapid Housing Sub-Stream?
Construction of shelters.
Construction of transitional housing.
Construction of supportive housing.
Who can I contact for more information about the CMHC - Affordable Housing Fund - New Construction - Rapid Housing Sub-Stream?
You can contact Canada Mortgage and Housing Corporation (CMHC).
Where is the CMHC - Affordable Housing Fund - New Construction - Rapid Housing Sub-Stream available?
The CMHC - Affordable Housing Fund - New Construction - Rapid Housing Sub-Stream program is available across Canada.
Is the CMHC - Affordable Housing Fund - New Construction - Rapid Housing Sub-Stream a grant, loan, or tax credit?
CMHC - Affordable Housing Fund - New Construction - Rapid Housing Sub-Stream is a Grant and Funding