A powerful partnership with real results

Partner spotlight: CMHC

When we work together, we can create real solutions to Canada’s housing crisis.

That’s why our strategic partnership with CMHC is a game-changer. It combines our expertise as Canada’s only national non-profit affordable housing provider with CMHC’s knowledge as Canada’s leading authority on housing.

804 new homes, built on partnership

Thanks to $65 million in forgivable loans from CMHC, we are building more than 800 new affordable, accessible, and energy-efficient homes between 2019 and 2026. This funding includes:

• 600 homes supported by $45 million from CMHC’s Affordable Housing Fund
• 200 homes built with $20 million through the Black Canadian families agreement, which ensures affordable homeownership opportunities for families that self-identify as Black and helps close Canada’s racial homeownership gap.

Sustainable, future-ready homes

Affordable homes must be built to last – meaning they can meet the needs of homeowners now and in the future.

Through our partnership with CMHC, the homes we are building are on track to:

• be more energy efficient by reducing energy consumption and greenhouse gas emissions by at least 25%, compared to the 2015 National Building Code.
• be more accessible by exceeding CMHC’s requirement to have 20% of new homes be fully accessible or meet universal design standards. This will ensure a strong supply of accessible and affordable homes without requiring costly renovations.

Stronger communities, built together

Our relationship with CMHC is a catalyst for other partnerships that maximize support for affordable homeownership across the country. Every home-building project also includes:

• support from another level of government (provincial, territorial, or municipal)
• contributions from donors and investors who believe in the power of affordable homeownership