Through the Investment in Affordable Housing (IAH), the federal government is investing more than $1.9 billion over eight years to March 2019. Under the IAH, Provinces and Territories (P/Ts) match the federal investment and have responsibility for program design and delivery in order to meet local housing needs and priorities. From April 2011 to March 2019, 421,054 households are no longer in housing need as a result of this funding.
This table shows each province's and territory's share of the federal IAH dollars as well as the federal dollars claimed and number of units in each jurisdiction.
|Province or Territory||Total Federal Allocation ($M)||Households1||CMHC Funding Claimed ($M)|
|Newfoundland and Labrador||$54.480||14,520||$54.480|
|Prince Edward Island||$11.840||5,500||$11.840|
1 The number of households is equal to the number of units identified in P/T claims to CMHC
In recognition of the distinctive needs of Nunavut, Economic Action Plan 2013 announced $100 million over two years (2013 – 2014 and 2014 – 2015) to support new affordable housing.
The Territory is not required to cost-match the federal funding.
|2-Year Federal Allocation ($M)||Households / Units||Funding Claimed to Date (M)|