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The Rent-to-Own stream of the Affordable Housing Innovation Fund is for housing providers interested in developing, testing and scaling innovative rent-to-own models and projects.
This funding will give housing providers, developers and investors resources to test new ideas. It enables them to explore better ways of meeting housing challenges, including financing projects and developing funding models to address new gaps and respond to a shifting housing landscape.
If your innovative rent-to-own project or idea qualifies for funding, you’ll need to demonstrate how it will help a tenant to become a homeowner within 5 years.
Need assistance or have questions?
Contact your CMHC housing solutions specialist.