We have officially opened the Housing Accelerator Fund’s (HAF) application portal. Municipalities are strongly encouraged to submit their action plans for funding to help build more homes, faster.
Right now, it’s simply too hard to get the housing we need to be built across the country. The system is not working, and we need to accelerate change at the local level.
Local governments are encouraged to think big and be innovative in their action plans. This could include reducing red tape, accelerating project approvals, incentivizing affordable housing units, or introducing zoning reforms to build more density. The Fund will provide upfront funding to support implementation, as well as additional funds upon delivering results. The HAF is a significant step towards the Government of Canada’s plan to double the rate of housing construction over the next decade and make housing more affordable for Canadians.
Building more housing, including affordable housing, is a key part of making life more affordable and building an economy that works for all Canadians