National Housing Co-Investment Fund: New Construction
Low-interest loans and contributions to build new affordable housing. This New Construction option of the National Housing Co-Investment Fund provides low-interest loans and contributions to build new affordable housing. The Fund prioritizes partnerships between governments, non-profits, the private sector and other partners.
Grant Deadline
2024-12-31
Funding Amount
Deadline not available
Type of Grant
Grant
Sectors
All Sectors
Demographics
Incorporation
For Profit
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 qualify, you need to partner with a level of government to ensure coordination of investments.
The Co-Investment Fund focuses on developing energy-efficient, accessible and socially inclusive housing that is:
- mixed-income
- mixed-tenure
- mixed-use that includes affordable housing
Organizational Requirements
The National Housing Co-Investment Fund – New Construction Stream is open to:
- community housing providers (i.e. public or private non-profit housing organizations or rental co-operatives)
- municipalities
- provinces and territories
- Indigenous governments and organizations
- private sector
Project Requirements
We consider the following projects for funding:
- community and affordable housing
- urban indigenous community housing
- mixed use market / affordable rental
- new construction and/or conversion from a non-residential use to affordable multi-residential
- shelters
- transitional and supportive housing
All projects must:
- have a minimum of 5 units/beds
- have primary use as residential
- meet minimum requirements for partnerships, financial viability, affordability, energy efficiency and accessibility
Prioritization of applications
We prioritize applications based on:
- the achievement of National Housing Strategy outcomes
- Provincial and Territorial input
- affordability
- energy efficiency
- accessibility
- proximity to transit, amenities and community supports
- collaboration/partnerships
- social inclusion
- supporting federal priority groups
We give higher scores to applications that exceed minimum requirements.
Grant Application website
Contact
1-800-668-2642