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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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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 (SHA) which have since expired.

Funding details:

  • The maximum Preservation 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

Eligible activities1

  • Funding may be provided to support costs that help preserve community housing.

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 

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
  • determine the amount of funding your project is eligible to receive

You will receive notice of 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)

Apply today

The application form will consist of a number of questions over several pages. You can see your progress through the steps of the application at the top of each page.

As you move forward through the application, the completed pages will be saved automatically. Partially completed pages – those that are missing required fields – will not be saved.

You may leave the application portal and return at a later time. Your application progress will be saved.

For your application to be considered, the following information must be completed and uploaded to the portal:

  1. Signed Integrity Declaration (PDF): To ensure the integrity of persons or entities applying for Preservation Funding.
  2. Incorporation/registration or any document related to your legal status: To demonstrate the recipient or borrower is duly incorporated, organized, established and validly existing under the laws of its jurisdiction of incorporation, operation and organization, as the case may be.
  3. Rent rolls for the last 3 months: To confirm affordability (only for projects previously administered under a federally administered operating agreement or those transferred under an SHA which have since expired).

Important:

  1. Apply using the Preservation Funding form in the application portal.
  2. Give yourself ample time to fill out the detailed, multi-page online form.
REGISTER & APPLY TODAY

Notice: There are currently issues affecting users of Safari. For optimal performance, CMHC recommends using Chrome, Edge or Internet Explorer to submit your application.

Contact

Still have questions about Preservation Funding?
Contact your CMHC Housing Solutions Specialist.

General inquiries or technical support

  • Phone: 1-800-668-2642 - Business hours: 8:00 a.m. to 7:00 p.m. (ET)
  • Email: contactcentre@cmhc.ca

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

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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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