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Preservation Funding for community housing

Financial assistance to help community housing providers complete preservation activities related to the sustainability of existing community housing projects.

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IMPORTANT

The 2024/25 Preservation Funding budget has been fully allocated and the application portal is now closed. 

Thank you for your interest in this program. While we’re not accepting applications at this time, we encourage you to explore other CMHC programs that may align with your needs.

We’re here to help. If you have any questions or would like to discuss other funding opportunities, please contact us.

Preservation Funding provides financial assistance to support the cost of completing preservation activities.

This funding helps:

  • existing community housing providers remain viable
  • prepare for future funding opportunities

Preservation Funding is open to:

  • Projects that are currently subject to an active, eligible federally administered operating agreement.
  • Projects that were previously subject to a federally administered operating agreement that have since expired. This includes projects previously administered under a federally administered operating agreement that were transferred under a Social Housing Agreement which have since expired.

Funding details:

  • The maximum funding available per project to complete eligible activities is $50,000.
  • Maximum funding may be increased to $75,000 on a case-by-case basis.
  • Each funding agreement offers up to 18 months from the approval date to complete the approved activities.

For more details, see the information below and the Product Highlight Sheet (PDF).

Funding eligibility and requirements

Minimum requirements

If you are under an active, eligible federally administered operating agreement 

  • You must comply with the terms of the operating agreement (not in breach).

If you were previously subject to a federally administered operating agreement that has since expired

  • This includes those previously administered under a federally administered operating agreement that was transferred under an SHA which have since expired.
  • Your project must:
    • be primarily residential
    • have a minimum of 5 affordable units or beds
    • be considered affordable, as determined by the municipality, province or territory, or as accepted under other CMHC programs

If you were previously approved for Preservation Funding

  • All activities previously approved for funding have been completed.

Eligible activities1

  • Funding may be provided to support costs that help preserve community housing.
  • Third-party quotes are required for all eligible activities included in your application.

Activities may include but are not limited to: 

  • a building condition report 
  • capital replacement reserve planning
  • an operating viability analysis
  • an age-friendly conversion assessment
  • an energy audit 

1 Expenses/costs related to eligible activities carried out and invoiced prior to the approval date of Preservation Funding are not eligible.

Application and approval process

CMHC will accept and review applications on a continuous basis.

During the assessment of your application, CMHC will:

  • assess your eligibility
  • review the third-party quotes provided
  • determine the amount of funding your project is eligible to receive

You will receive the decision via email. 

If you are approved:

  • the approved funding amount will be disbursed in full following the approval of your application.

Note: Prior to submission, the terms and conditions of Preservation Funding must be adhered to. You will have the opportunity to review the terms and conditions on the final page of the application before submitting.

Resources

The following resources are available to help you prepare your application:

  • Product Highlight Sheet (PDF)
  • Integrity Declaration (PDF)

Contact

General inquiries or technical support

  • Phone: 1-800-668-2642
  • Email: contactcentre@cmhc.ca

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Online Application Portal

Before starting your application, please take a moment to download, save, and review our application guide. The guide includes information required to create your profile and start the application process successfully.

Download the guide (PDF)Start your application

Have questions? Need further support? Contact one of our regional CMHC specialists.

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Date Published: April 12, 2022

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