Affordable Housing Fund (AHF)

Affordable Housing Fund (AHF) is sponsored by Canada Mortgage and Housing Corporation (CMHC). Provides capital to partnered organizations for new affordable housing and the renovation and repair of existing affordable and community housing.

Unlock opportunities with the Affordable Housing Fund | CMHC Online Application Portal Before starting your application, please download, save and review our Application Guide. The guide includes all the information needed to create your profile and start the application process successfully.

Download the guide (PDF) Start your application Solving housing affordability together Project funding and mortgage financing The Affordable Housing Fund provides capital to partnered organizations* for new affordable housing and community housing. Funds are provided as low-interest and/or forgivable loans and contributions.

Protect Yourself from Fraud Have you or your clients received a suspicious message claiming to be from CMHC or one of our programs? Stay vigilant—CMHC will never request your personal banking information or ask for payments through unfamiliar accounts. * This fund is available to organizations that have partnered with another organization or level of government and have secured some funding.

CMHC has received sufficient applications to fully commit the Affordable Housing Fund budget. The application portal is now closed. CMHC and Build Canada Homes are working closely together to ensure no submission is overlooked.

Both organizations are committed to helping viable projects find the most suitable funding path. Not all projects submitted to the Affordable Housing Fund application portal will receive funding through this program, but the government is committed to carefully reviewing every proposal. Clients interested in learning more about Build Canada Homes and its Investment Policy Framework can visit the Build Canada Homes website .

The Enhanced Affordable Housing Fund Features Funding for diverse community housing projects Funding for shelters, transitional and supportive housing Faster, more efficient approvals process Extended 20-year fixed-term low-cost loans for greater predictability New Construction: Community Housing Sub-Stream CMHC has successfully committed the full budget for the New Construction: Community Housing Sub-Stream under the Affordable Housing Fund.

The application portal is now closed. New Construction: Rapid Housing Sub-Stream CMHC has successfully committed the full budget for the New Construction: Rapid Housing Sub-Stream under the Affordable Housing Fund. The application portal is now closed.

CMHC has successfully committed the full budget for the Repair and Renewal stream under the Affordable Housing Fund. The application portal is now closed. Indigenous and Northern Communities CMHC has successfully committed the full budget for the Indigenous and Northern Communities option under the Affordable Housing Fund.

The application portal is now closed. The budget for the carve-out to Black-led organizations as an option under the Affordable Housing Fund Rapid Housing Sub-Stream has been fully allocated and the application portal is now closed.

Frequent Builder Initiative CMHC's Frequent Builder framework is designed to accelerate the construction of affordable rental homes by expediting the application process for established housing providers working with CMHC that have a proven track record in delivering projects, making the process easier and faster.

Frequent Builder benefits As an approved Frequent Builder, you could gain advantages that streamline interactions and processes for selected CMHC projects, like these operational priority assignment of CMHC resources and expedited loan approvals underwriting and advancing flexibilities conditional funding approval provided for future funding years To be eligible, CMHC will assess you on your: financial strength: demonstrated through satisfactory credit assessment by operational capacity: with no default within last 10 years proven track record in delivering projects For-Profit entities must have conducted a minimum of $50 million* of business with CMHC** and fulfill 3 of the following criteria based on the latest CMHC own more than $1 billion of multi-residential assets have a minimum net worth value of $250 million have a 1.

30 debt coverage ratio within their multi-residential portfolio have more than $500 million of effective outstanding exposure (insurance and *If the for-profit entity has not met the criterion of having at least $500 million, but has met the other 3 criteria, they must also have a minimum of $50 million of business with CMHC.

Governmental organizations Provinces, territories, municipalities, Indigenous governing bodies and other levels of government require a minimum level of business of $20 million with Non-profit organizations, registered charities and co-operative housing organizations For non-profit organizations, registered charities and co-operative housing corporations, CMHC will also consider clients who meet one of these requirements: have a minimum of $50 million of business with CMHC or have a minimum of $20 million of business with CMHC** and manage a large portfolio of rental housing units.

To achieve Frequent Builder status, you are required to undergo a credit assessment and provide CMHC with annual audited financial statements. Government entities are exempt from the credit assessment. For more information about the Frequent Builder framework, contact our Contact Centre or reach out to your CMHC specialist.

**Loans must be linked to one of the following programs: a National Housing Strategy program the Canada Greener Affordable Housing Program the Non-Profit On-Reserve Housing Program (section 95) mortgage loan insurance for multi-unit buildings bilateral agreements signed as part of the National Housing Strategy The Affordable Housing Fund has options for new construction. Contact us to see which option is right for you.

Here are some renovation projects carried out with the support of the Affordable Housing Fund. Supportive and Affordable Housing in a Renovated Hotel Old hotel reimagined as mixed-market housing with space for Calgary’s Winnipeg Shelter Provider Adds 41 More Beds Buhler Centre’s expansion provides more housing and supports for people experiencing homelessness.

Safe Housing for London Youth Aging Out of Foster Care Heritage building repurposed as supportive housing for young adults. Canada’s housing industry sent to your inbox. Please correct the following errors: An asterisk (*) indicates a required field.

Newfoundland and Labrador Province / Territory is required Construction Industry / Developer Public sector / Government Indigenous Organization / Government Homeowner / Buyer or Renter General interest in Canadian housing "I represent" is required Language preference is required I’d like to receive all CMHC Housing Updates, including the By submitting this form, you hereby consent to the collection and use of personal information submitted to CMHC for marketing purposes in accordance with the Privacy Act .

Your consent may be withdrawn at any time in accordance with Canada’s anti-spam legislation (CASL). Information collected for marketing purposes can be found on CMHC’s InfoSource under Standard Personal (Public Communications). The Privacy Act provides individuals with a right to access, request corrections, and protection of their personal information under the control of CMHC.

Individuals have a right to file a complaint to the Privacy Commissioner of Canada regarding CMHC’s handling of personal information. Any concerns related to the treatment of such personal information may be directed to CMHC’s Don’t show this, just save it I thought you might find this interesting. You can include an email signature?

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