|2023 Application Call Out Windows|
|Applications are accepted on a continuous basis until the available funding has been fully committed.|
The Canada Greener Affordable Housing – Retrofit Funding program is an important step in helping Canada reach its goal of net-zero emissions by 2050.
This program will address climate capability and resiliency to multi-unit (5+) residential buildings, by providing forgivable loans and low-interest loans to help finance building retrofit measures and activities needed to meet climate objectives, leading to deep reductions in energy consumption and GHG emissions.
Deep energy retrofits include projects that target:
- 70% reduction in energy consumption relative to pre-retrofit performance, and
- 80% reduction in greenhouse gas (GHG) emissions relative to pre-retrofit performance.
Retrofit work must be completed within 2 years of approval, however, approved forgivable loan funding must be claimed in the same fiscal year as approval. For example: projects approved in the first application window (June 1st - July 31st, 2023), must claim the forgivable loan portion of funding by March 31st, 2024.
If funds remain following the review of applications received during the call-out window, CMHC may consider re-opening the application portal for additional project submissions on a first come first serve basis until the remaining budget has been committed.
Subsequent Retrofit Funding application call-out windows will be open for a period of 90 days.
IMPORTANT: Application submission for Retrofit Funding requires completing pre-retrofit activities, such as energy audit, modelling study and Building Condition Assessment report.
Learn more about the Pre-Retrofit Funding program if you need financial support to complete these reports.
Contact your CMHC Housing Solutions Specialist before preparing your application.