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Grants
Ongoing grant programs can be elusive, but government occasionally offers support for capital projects. It may be in the form of grants, conditional loans or a blend of grants and low-interest lending. These can be competitive and may have significant eligibility criteria.
In 2022, in part due to the National Housing Strategy, there are a number of options to explore. Necessary or recommended capital projects shouldn’t be delayed if there isn’t external support, but that support can be very helpful when it is available.
It’s a good idea to always have in mind a project that could be ‘shovel-ready’ at short notice.
Some key programs:
- CMHC’s Preservation Funding program (for studies)
- CMHC’s Co-investment Fund (renewal stream)
- BC’s Social Housing Retrofit Support Program
- Federation of Canadian Municipalities’ Green Municipal Grant Program