Housing Accelerator Fund: Large/Urban Stream
Incentives for local governments to boost housing supply across Canada. The Large/Urban Stream of the Housing Accelerator Fund provides incentive funding to local governments. The funding is meant to remove barriers and support the development of affordable, inclusive, equitable and climate-resilient communities.
Grant Deadline
Deadline not available
Funding Amount
Deadline not available
Type of Grant
Grant
Sectors
All Sectors
Demographics
Incorporation
Government Institution
Perks
Region Restriction
This grant is restricted to whole of Canada
Keywords
Age Restriction
This grant is age restricted from 18 to 100
Eligibility and Requirements
To be eligible for the Large/Urban Stream, applicants must have a population of 10,000+ and be in a Canadian province. Approved participants can use incentive funding for investments in:
- Housing Accelerator Fund action plans
- affordable housing
- housing-related infrastructure
- community-related infrastructure that supports housing
The framework for determining the amount of incentive funding includes base funding, top-up funding and an affordable housing bonus.
Eligible applicants include:
- Local governments within Canada that have delegated authority over land use planning and development approvals with a population* of 10,000 or more
- In the absence of a municipal-level authority, a regional district or province that has authority for land use planning and development approvals
*Population based on 2021 census data.
To be eligible for incentive funding, you’ll need to:
- present an application, including an action plan that outlines supply growth targets and specific initiatives to grow housing supply and speed up housing approvals
- have a minimum of 7 initiatives in your action plan
- commit to a housing supply growth target within the action plan that increases the average annual rate of growth by at least 10%. The growth rate must also exceed 1.1%
- complete or update a housing needs assessment report (this requirement may be waived if you recently completed or updated a housing needs assessment)
- agree to follow the program’s reporting requirements
Grant Application website
Contact
1-800-668-2642