Closed
Last Update: April 27, 2026
Funding available
$ 25,000 - $ 2,500,000
Timeline
- Receipt of requests is now closed
Location
Hamilton, Ontario, Canada
Overview
This program provides up to $35,000 for seven or more net new eligible units, or a forgivable loan of up to $25,000 per unit to a maximum of $2,500,000 per site. It supports housing projects on eligible Hamilton sites that were part of a City-led planning initiative after April 7, 2022.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Renovate or expand facilities
- Ensure financial sustainability
- Renovate or adapt facilities
Eligible Funding
- Maximum amount : 2,500,000 $
- Minimum amount : 25,000 $
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Construction
- Real estate and rental and leasing
Location
- Hamilton
- Ontario
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Creation of seven or more net new housing units
- Development of affordable rental housing units
- Projects on sites that removed barriers to new housing creation
Documents Needed
- Completed program application form
- Supporting documents listed in the application checklist
- Financial capability information for forgivable loan requests
- Financial risk assessment, if requested
- Net worth statements or business plan, if requested
Eligibility
Who is eligible?
- Registered site owners
- Housing developers
- Applicants for new housing projects in Hamilton
Who is not eligible
- Non-owners of the site
- Applicants for sites outside the eligible Hamilton area
- Applicants seeking HHCIP funding under more than one program for the same site
Eligible expenses
- Construction costs
- Design costs
- Community benefit charges and development charges
- Parkland dedication fees, where applicable
- Administration, appraisal, inspection, legal, discharge, and registration fees
Ineligible Costs and Activities
- Costs incurred before approval are not covered by the City
- Applications for sites outside the eligible Hamilton area are not accepted
- Projects with fewer than seven net new units are not eligible
- Projects without an issued building permit are not eligible
Eligible geographic areas
- Hamilton, Ontario
- Housing for Hamilton Community Improvement Project Area
- Excludes Sub Area 1 – Rapid Transit Housing Area and Sub Area 2 – Roxborough
Processing and Agreement
- Application is reviewed by Housing Secretariat staff and other City staff as needed
- City carries out due diligence before recommendation
- Decision is made only after building permit issuance for eligible units
- Approved applicants must sign a grant or loan agreement
- Forgivable loan cases may require security and title registration
Additional information
- Applications must be submitted through the Housing Secretariat.
- Only one application per site/property is allowed.
- Applications can be transferred to a new owner at the City’s discretion before approval.
- Approved applicants must enter into a grant or loan agreement with the City.
Contacts
Frequently Asked Questions about the Housing Acceleration Incentive Program Program
Here are answers to the most common questions about the Housing Acceleration Incentive Program. 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 Housing Acceleration Incentive Program?
This program provides up to $35,000 for seven or more net new eligible units, or a forgivable loan of up to $25,000 per unit to a maximum of $2,500,000 per site. It supports housing projects on eligible Hamilton sites that were part of a City-led planning initiative after April 7, 2022.
How much funding can be received?
Housing Acceleration Incentive Program Funds up to $2,500,000 of admissible expenses.
Who is eligible for the Housing Acceleration Incentive Program program?
To be eligible for the Housing Acceleration Incentive Program program, you must:
Seven or more net new units
Registered site owner
Hamilton site eligibility
What expenses are eligible under Housing Acceleration Incentive Program?
Creation of seven or more net new housing units
Development of affordable rental housing units
Projects on sites that removed barriers to new housing creation
Who can I contact for more information about the Housing Acceleration Incentive Program?
You can contact City of Hamilton by email at housing.secretariat@hamilton.ca or by phone at 905-546-2424.
Where is the Housing Acceleration Incentive Program available?
The Housing Acceleration Incentive Program program is available the province of Ontario.
Is the Housing Acceleration Incentive Program a grant, loan, or tax credit?
Housing Acceleration Incentive Program is a Grant and Funding