Closed
Affordable Housing Innovation Fund
Innovative financing for affordable housing
Last Update: April 10, 2026
Funding available
Varies by project
Timeline
- Receipt of requests is now closed
Location
Canada
Overview
The Affordable Housing Innovation Fund supports innovative affordable housing projects across Canada, with a focus on affordability, financial sustainability, and knowledge transfer. Funding amounts and types vary by proposal, and approved projects may receive flexible financing over a six-year period starting in 2022 or until funds are fully committed.
/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
- Develop strategic partnerships
Eligible Funding
- Varies by project
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Construction
- Real estate and rental and leasing
- Health care and social assistance
Location
- Canada
Legal structures
- Non-profit
- Public or Parapublic institution
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Non-profit candidates
Sector of operation
- Social Services
- Environment
- Economic, Social and Community Development
- Housing
- Diversity and Inclusion
Target groups
- Indigenous peoples
- People with disabilities
- Rural / Remote communities
- Low-income individuals / families
Revenue structures
- All structures
Scope
- Municipal
- Provincial
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Developing and testing innovative affordable housing approaches.
- Using modular or prefabricated construction to deliver homes.
- Creating scalable and replicable housing solutions.
- Building partnerships to support housing innovation.
Documents Needed
- Signed Integrity Declaration
- Legal and beneficial ownership structure documents
- Organizational structure and key personnel details
- Incorporation documents
- Audited financial statements for the last three years
Official resources
Eligibility
Who is eligible?
- Municipalities, provinces, and territories
- Private sector developers and builders
- Non-profit housing providers and community housing organizations
- Indigenous governments and organizations
- Other housing providers
Eligible expenses
- Personnel salaries and benefits for roles directly related to the project.
- Purchase of equipment and materials necessary for the execution of affordable housing projects.
- Consulting fees for housing innovation strategies and technical support.
- Cost of construction, including modular and prefabricated methods.
- Feasibility studies and related supporting documentation for the proposed innovations.
Eligible geographic areas
- Canada
Selection criteria
- Innovation
- Affordability
- Financial sustainability
- Knowledge transfer
- Scalability and replicability
How to apply
1
Consult the application guide
Download and review the application guide to obtain the necessary information for creating your profile and starting the application process.
2
Create profile and register
- Access the online application portal for the Affordable Housing Innovation Fund.
- Create a profile by providing the required information.
- Save all the necessary information for the project in preparation for submitting your application.
3
Prepare the application
- Draft a project proposal that demonstrates how it meets the criteria of innovation, affordability, financial sustainability, and knowledge transfer.
- Gather supporting documents related to your organization and your innovation project, such as integrity declarations, detailed presentation of the innovation, and financial information.
4
Submit the application online
- Log in to the online portal to upload all required documents.
- Complete the online application form, ensuring the accuracy and completeness of the information provided.
- Submit your application through the online application portal.
5
Follow-up and confirmation
- Receive a submission confirmation email with your application number.
- Keep this confirmation for your records and for any necessary follow-up.
6
Evaluation and waiting for responses
- CMHC will continuously review your application, considering prioritization criteria.
- You will be contacted for additional documents or clarifications if necessary.
Processing and Agreement
- Applications are reviewed continuously by CMHC.
- Proposals that meet the innovation criteria are reviewed by internal and external experts.
- Applications are assessed on innovation, delivery capacity, and other key factors.
- Funding announcements are made periodically.
- Additional documents or clarifications may be requested during review.
Additional information
- The application portal is currently closed.
- Supporting documents are required for the assessment stage.
- Additional documents or clarifications may be requested.
Contacts
Frequently Asked Questions about the Affordable Housing Innovation Fund Program
What is the Affordable Housing Innovation Fund?
The Affordable Housing Innovation Fund supports innovative affordable housing projects across Canada, with a focus on affordability, financial sustainability, and knowledge transfer. Funding amounts and types vary by proposal, and approved projects may receive flexible financing over a six-year period starting in 2022 or until funds are fully committed.
Who is eligible for the Affordable Housing Innovation Fund program?
To be eligible for the Affordable Housing Innovation Fund program, you must:
Eligible housing providers and governments
Innovative affordable housing proposal
Affordable for at least 10 years
What expenses are eligible under Affordable Housing Innovation Fund?
Developing and testing innovative affordable housing approaches.
Using modular or prefabricated construction to deliver homes.
Creating scalable and replicable housing solutions.
Building partnerships to support housing innovation.
Who can I contact for more information about the Affordable Housing Innovation Fund?
You can contact Canada Mortgage and Housing Corporation (CMHC) or by phone at 1-800-668-2642.
Where is the Affordable Housing Innovation Fund available?
The Affordable Housing Innovation Fund program is available across Canada.
Is the Affordable Housing Innovation Fund a grant, loan, or tax credit?
Affordable Housing Innovation Fund is a Grant and Funding
Who are the financial supporters of the Affordable Housing Innovation Fund?
Affordable Housing Innovation Fund is funded by Canada Mortgage and Housing Corporation (CMHC)