Canada urgently needs more housing, and the Housing Accelerator Fund is tackling this challenge by supporting the development of new homes.
The Fund incentivizes and rewards local governments for making ambitious reforms to land use planning and development approvals. These changes are driving long-term, positive impacts on housing supply across the country.
Interactive progress report
We’ve released an interactive progress report on the Housing Accelerator Fund. It provides information on the progress of funded communities, including:
- Total funding approved for each community.
- Targets, achievements and overall progress as of the annual reporting period.
- A breakdown of the Housing Supply Growth Target, which includes baseline growth and additional units incentivized by the program.
The report lets you explore results by intake year and region, offering a clear overview of the program’s performance and impact.
Delivering results that matter
The Housing Accelerator Fund is cutting red tape and fast-tracking housing development. Local governments are taking bold steps to increase housing supply.
Key Outcomes
- 160,585 residential building permits issued — 22,000 more than expected.
- Cities and regions estimate this investment will lead to the creation of over 750,000 permitted homes for people in towns, cities and Indigenous communities across Canada over the next decade.
These results show how the program is turning plans into progress, helping to build more homes.
Action Plans: A roadmap for success
Action Plans are central to the program’s success. Developed by approved local governments, these plans outline ambitious commitments to:
- Remove barriers to housing development.
- Streamline and speed up approvals processes.
- Support innovative measures to build more homes.
While each community’s Action Plan is tailored to its unique needs, they all share a common goal: to deliver more housing than would have been possible without the program. Funding is tied to results, with annual payments based on meeting the commitments outlined in these plans.
Looking ahead
The Housing Accelerator Fund is part of the federal government’s broader strategy to address Canada’s housing needs. By working with communities across the country, we’re helping to ensure every Canadian has a safe and affordable home.
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