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National Housing Co-Investment Funding

The Co-Investment Fund provides capital to partnered organizations* for new affordable housing and the renovation and repair of existing affordable and community housing. Funds are provided as low-interest and/or forgivable loans and contributions.

* This fund is for organizations that have partnered with another organization of a level of government and have secured some funding.

IMPORTANT

On November 21, the 2023 Fall Economic Statement announced the renaming of the National Housing Co-Investment Fund (NHCF) to the Affordable Housing Fund with an additional funding of $1 billion over 3 years, starting in 2025-26, to build more affordable housing.

Funding is still available under the current NHCF. The federal government intends to announce reforms to the Affordable Housing Fund in early 2024.

Choose From the Following Options

Funding for New Construction

This stream develops new, high-performing affordable housing located close to necessary supports and amenities, from public transit and jobs to daycares, schools and healthcare.

Renovation Funding

The Housing Repair and Renewal Stream is for the preservation and revitalization of the existing community and affordable housing.

Learn More About Our Featured Options

Contribution Only

Now, apply for a top-up contribution to your secured funding to help close funding gaps.

Women and Children Shelter and Transitional Housing

Funding to build or renovate supportive housing for women and their children fleeing violence.

Indigenous and Northern Communities

Financing opportunities for housing providers in northern communities and/or serving Indigenous peoples.

Black-led Organizations

Dedicated funding of up to 40% for new affordable housing for Black households.

Here are some renovation projects carried out with the support of the Co-investment Fund

<a href="~/link.aspx?_id=9A142B7546744973A65A722CFC816014&_z=z">Supportive and Affordable Housing in a Renovated Hotel</a><br class="t-last-br">

Supportive and Affordable Housing in a Renovated Hotel

Old hotel reimagined as mixed-market housing with space for Calgary’s vulnerable residents.

<a href="~/link.aspx?_id=3C710326CC334C33940FD3842C4DF1C9&_z=z">Winnipeg Shelter Provider Adds 41 More Beds</a><br class="t-last-br">

Winnipeg Shelter Provider Adds 41 More Beds

Buhler Centre’s expansion provides more housing and supports for people experiencing homelessness.

<a href="~/link.aspx?_id=9857AD082C3346B0A407D26FC1DA8B8D&_z=z">Safe Housing for London Youth Aging Out of Foster Care</a><br class="t-last-br">

Safe Housing for London Youth Aging Out of Foster Care

Heritage building repurposed as supportive housing for young adults.

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