Progress on the National Housing Strategy
Canada’s National Housing Strategy has committed $33.69 billion of the $82+ billion plan. The Strategy is a multi-year plan to give more Canadians a place to call home and is slated to run until March 2028.
The Strategy's Total Funding Commitments in Billions
new housing units created or committed*
Overall NHS Target: 160,000 units
housing units repaired or committed*
Overall NHS Target: 300,000 units
units under construction or have been repaired/built
community housing units protected*
Overall NHS Target: 385,000 units
in federal funding for the construction, repair and financial support of Indigenous and Northern housing
Indigenous and Northern units built, repaired or financially supported
funding committed to meet housing needs of women and their children
of funding committed towards meeting the housing needs of women and their children
Overall NHS Target: 25%
*These figures include only federal initiatives. Future reporting will include all NHS activities including PT activities.
National Housing Strategy Reporting by Initiative
Affordable Housing Innovation Fund
The Affordable Housing Innovation Fund supports new ideas that will drive change and disrupt the industry. These ideas and approaches will evolve the affordable housing sector and are creating the next generation of housing in Canada
Budget: $759.1 million
new units committed
Target: 14,800 units
Rental Construction Financing Initiative
The Rental Construction Financing initiative provides low-cost funding to eligible borrowers during the riskiest phases of product development of rental apartments (construction through to stabilized operations). The initiative focuses on standard rental apartment projects in Canada with general occupants where there is a need for additional rental housing supply.
Budget: $25.75 billion
Target: 71,000 units
National Housing Co-Investment Fund
The Co-Investment Fund provides capital to partnered organizations for new affordable housing and the renovation and repair of existing affordable and community housing. Funds are provided as low-interest and/or forgivable loans and contributions.
Budget: $13.17 billion
new units committed
Target: 60,000 units
repaired/renewed units committed
Target: 240,000 units
Rapid Housing Initiative
This initiative provides capital contributions for the rapid construction of new housing and/or acquisition of existing buildings for rehabilitation or conversion to permanent affordable housing.
Budget: $4.00 billion
Target: 12,000 units
Federal Lands Initiative
This initiative provides surplus federal lands and buildings available for development into affordable housing units and communities. The Federal Lands Initiative supports the transfer of surplus federal lands and buildings to eligible proponents. This is available at discounted to no cost to be developed or renovated for use as affordable housing.
Budget: $202 million
Target: 4,000 units
Federal Community Housing Initiative
Funding and support for housing providers and their low-income tenants. The Federal Community Housing Initiative supports federally administered community housing projects reaching the end of their operating agreements from past social and affordable housing programs.
provided in rent assistance
Budget: $618.2 million
Target: 13,700 households
community housing units supported
Target: 55,000 units
Community Housing Transformation Centre
The Community Housing Transformation Centre is a network of organizations that represent and serve the needs of Canada’s community housing sector. The Centre is a third-party network delivering this National Housing Strategy initiative, which provides access to tools, financial resources and best practices to support the growth, transformation and resilience of community housing. The Centre will deliver the Sector Transformation Fund.
Sector Transformation Fund
The Sector Transformation Fund is delivered by the Community Housing Transformation Centre and provides non-repayable contributions to support the longer-term evolution of community housing providers’ business models. These contributions aim to encourage the development of more efficient and resilient business models without displacing low-income households.
provided to the Community Housing Transformation Centre to date
Budget: $64.2 million
Sector Transformation Fund applications
Community Based Tenant Initiative
The Community-Based Tenant Initiative provides contributions to support local organizations whose purpose is to assist people in housing need. The initiative supports tenants having access to information on housing options and better participating in housing decisions that affect them.
funded to date
Budget: $10 million
Reaching Home (led by Infrastructure Canada)
Reaching Home is a community-based program that helps prevent and reduce homelessness across Canada. This program is investing $3.1 billion in funding over 10 years to reduce chronic homelessness nationally by 50% by March 2028.
in annual funding expected to be delivered by end of 2022
Budget: $3.1 billion
projects launched in the first 6 months of Reaching Home
First-Time Home Buyer Incentive
The First-Time Home Buyer Incentive’s goal is to help up to 100,000 qualified first-time homebuyers purchase a home.
in Shared Equity Mortgages
Budget: up to $1.25 billion
Target: up to 100,000
Solutions Labs offer organizations funding and expertise to help them solve complex housing problems. The funding is used to explore new ways of making progress on a housing challenge.
Solutions Labs are formed through either our annual open call for proposals process or through our directed lab stream.
Budget: $24.5 million
Demonstrations Initiative funds demonstrations, in a real environment, of solutions supporting housing affordability, the National Housing Strategy priority areas, population groups and outcomes.
Budget: $12.5 million
Housing Supply Challenge
The Housing Supply Challenge invites citizens, stakeholders and experts from across Canada to propose innovative solutions to the barriers that limit the housing supply. The Housing Supply Challenge will result in new ideas and solutions that will help more people find an affordable place to call home.
Budget: $500 million
One-time top-up to the Canada Housing Benefit
The One-Time Top-Up to the Canada Housing Benefit was designed to help lower-income renters with the increased cost of rent.
Indigenous Shelter and Transitional Housing Initiative
The Indigenous Shelter and Transitional Housing initiative supports the construction of shelters and transitional housing for Indigenous women, children and LGBTQ2S+ people fleeing gender-based violence. The initiative will fund at least 38 shelters and 50 transitional homes.
conditionally or financially committed
Budget: $420 million
community housing units committed
Target: 38 shelters
Target: 50 transitional homes
Provincial and Territorial Initiatives
We are working with Provinces and Territories to provide an on the progress of programs under the bilateral agreements and against the National Housing Strategy targets. We expect this data will be available shortly.
Quarterly Progress Reports
Learn more about how the National Housing Strategy is working. These quarterly reports will measure the Strategy's overall success and provide an overview of how the programs are progressing.
Mapping our progress
The National Housing Strategy has projects across Canada. See what’s happening near you.