The Challenge will award $300 million in funding over five years.
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To incentivize much needed innovation in creating new housing supply, the Challenge invites applications from across Canada to propose new ideas and solutions that break down the barriers that limit new housing supply.
*The Application Form resides on the Impact Canada website
Have you heard about the Housing Supply Challenge?
We're calling on communities, we're calling on organizations, we're calling on experts, to propose innovative solutions to address barriers to the creation of new housing supply in Canada.
With up to $300 million in funding available, there are multiple rounds, encouraging new ideas to help more Canadians find an affordable place to call home.
The challenge will:
First round launching in Fall 2020!
Sign up for updates and be the first to hear about the launch of each round.
Apply today to propose new ideas and solutions that break down the barriers that limit new housing supply. Proposals that address barriers to supply, and ultimately help more people find an affordable place to call home, will receive funding to develop and implement their solutions.
Led by the Canada Mortgage and Housing Corporation (CMHC), the Challenge is part of Impact Canada in collaboration with the Impact and Innovation Unit in the Privy Council Office and Infrastructure Canada.
Are you an applicant looking for additional support with your submission? Visit the CMHC Housing Supply Challenge Support Program, run by our partners at Evergreen. They are available to answer any questions about the application process, clarify eligibility requirements; and provide one-on-one support.
The Challenge will distribute $300 million in funding over five years through various unique rounds. Successful submissions will first receive funding to prototype or incubate their proposal, and then finalists will receive additional funding to implement it.
The first round will launch in Fall 2020. For further details on timelines and application process for Round 1, please visit the Impact Canada Housing Supply Challenge Website.
The Challenge is looking to award innovative proposals that address barriers to housing supply such as building timelines; enhancing productivity in construction; or improving data on land availability, amongst many others. A more detailed description of issues affecting housing supply can be found on the Impact Canada Housing Supply Challenge Website.
While breaking down barriers to housing supply is the primary objective of the Challenge, it will also enhance community engagement; inspire others to scale or adapt ideas for “Canada-wide impact;’’ and cultivate collaboration and partnerships.
*All applicants must be affiliated with a legally incorporated organization
More details on this round can be found on our Impact Canada partner site.
Make sure you sign up for updates!
Email: challenge@cmhc.ca
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