Rapid Housing Initiative — Projects Stream

📋 Eligible Entities - Non-profit organizations (primary eligibility requirement) - Non-profits with demonstrated property management experience - Non-profits with demonstrated construction experience - Non-profits operating in Canada - Organizations must be registered and in good standing with relevant provincial/federal authorities Note: For-profit entities, sole proprietors, and corporations are not eligible under this stream. --- ### 💰 Funding Details - Maximum Funding: Up to 100% capital contribution - Funding Type: Non-repayable grant (capital contribution) - Matching Requirements: None—federal funding covers full eligible project costs - Budget Range: Not specified; determined on per-project basis - Payment Structure: Tied to project milestones and completion phases --- ### 🛠️ Approved Expenses - Residential construction costs (primary eligible expense) - Land acquisition and site preparation - Building materials and labor for housing units - Infrastructure development related to residential projects - Accessibility features and code compliance upgrades - Professional fees (engineering, architectural services) - Project management and administration costs directly tied to construction Expenses must directly support the creation of new residential housing units. --- ### ⚠️ Conditions & Milestones - Experience Requirement: Applicants must demonstrate active property management OR construction experience - Project Delivery: Housing must be completed and operational within defined timelines - Reporting Obligations: Regular progress reporting and financial accountability required - Housing Outcome Metrics: Projects must meet rapid housing delivery targets and affordability standards - Compliance: Full adherence to federal funding guidelines and project agreements - Use of Funds: Capital contribution must be used exclusively for eligible residential construction activities - Performance Verification: Government may audit project completion, cost management, and housing outcomes