IMPORTANT
Due to the overwhelming demand, the Seed Funding Contribution budget for 2025 has been fully allocated. Applications for interest-free loans will continue to be accepted at this time.
CMHC's Seed Funding program provides financial support for individuals or organizations involved in the initial phases of creating an affordable housing project. You can apply for up to $350,000 in interest-free loans and a maximum of $150,000 of non-repayable contributions to assist with early development expenses. These expenses can include things like the formulation of a business plan, creation of preliminary design concepts and conducting environmental site assessments.
* CMHC will accept and review applications on a continuous basis, beginning March 1, 2025, with contribution funds to be spent on eligible activities and submitted for reimbursement by December 31, 2025. If oversubscribed, applications may be prioritized taking into consideration key focus areas.