Progress on the National Housing Strategy

Canada's National Housing Strategy has committed $65.84 billion of the $115+ billion plan. The Strategy is a 10+year plan to give more Canadians a place to call home.
Progress on the programs and initiatives under the Strategy are updated quarterly, including a detailed PDF report.
The information on this page is our progress as of March 31st, 2025.
Key highlights
660,683
households reduced or eliminated from housing need
Overall NHS target: 580,000 households
166,231
new housing units created or committed
Overall NHS target: 240,000 units
322,005
housing units repaired or committed
Overall NHS target: 300,000 units
309,111
units under construction or have been repaired/built
363,381
community housing units protected
Overall NHS target: 385,000 units
$5.84B
in federal funding for the construction, repair and financial support of Indigenous and Northern housing*
33,588
Indigenous and Northern units built, or repaired*
$19.38B
funding committed to meet housing needs of women and their children
33.2%
of funding committed towards meeting the housing needs of women and their children
Overall NHS target: 25%
*These figures include only federal initiatives. Future reporting will include all National Housing Strategy activities including provincial and territorial activities.
National Housing Strategy reporting by initiative
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Content | Region |
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Affordable Housing Innovation Fund
The Affordable Housing Innovation Fund supports new ideas that will drive change and disrupt the industry. These ideas and approaches will evolve the affordable housing sector and are creating the next generation of housing in Canada. $432.17Mfunding committed Budget: $615.50 million 26,254new units committed Target: 14,800 units |
Affordable Housing Innovation Fund |
Apartment Construction Loan Program
The Apartment Construction Loan Program (formerly called the Rental Construction Financing initiative) provides low-cost funding to eligible borrowers during the riskiest phases of product development of rental apartments (construction through to stabilized operations). The initiative focuses on standard rental apartment projects in Canada with general occupants where there is a need for additional rental housing supply. $23.35Bloans committed Budget: $54.9 billion 59,495units committed Target: 131,000 units |
Apartment Construction Loan Program |
Affordable Housing Fund
The Affordable Housing Fund (formerly called the National Housing Co-Investment Fund) provides capital to partnered organizations for new affordable housing and the renovation and repair of existing affordable and community housing. Funds are provided as low-interest and/or forgivable loans and contributions. $11.99Bfunding committed Budget: $14.6 billion 46,116new units committed Target: 60,000 units 174,447repaired/renewed units committed Target: 170,000 units |
Affordable Housing Fund |
Rapid Housing Initiative
This Rapid Housing Initiative provides capital contributions for the rapid construction of new housing and/or acquisition of existing buildings for rehabilitation or conversion to permanent affordable housing. $3.84Bfunding committed Budget: $4.00 billion 16,058units committed Target: 12,000 units |
Rapid Housing Initiative |
Federal Lands Initiative
The Federal Lands Initiative provides surplus federal lands and buildings for development into affordable housing units and communities. Surplus federal lands and buildings are transferred to eligible proponents at discounted to no cost to be developed or renovated for use as affordable housing. $142.54Mfunding committed Budget: $318.9 million 4,899units committed Target: 5,500 units |
Federal Lands Initiative |
Co-operative Housing Development Program
Access forgivable loans along with low-interest repayable loans to build rental co-operative housing. This program supports a new generation of non-profit co-operative housing. The program launched on July 15, 2024 – the application process is now underway. $421.31Mfunding committed Budget: $1.5 billion 837co-operative housing units committed Target: 3,200 units |
Co-operative Housing Development Program |
Housing Accelerator Fund
The Housing Accelerator Fund provides incentive funding to local governments encouraging initiatives aimed at increasing housing supply. It also supports the development of complete, low-carbon and climate-resilient communities that are affordable, inclusive, equitable and diverse. $4.3Bfunding committed Budget: $4.4 billion 119,685housing units fast-tracked Target: 112,000 net new units permitted |
Housing Accelerator Fund |
Federal Community Housing Initiative
The Federal Community Housing Initiative provides funding and support for housing providers and their low-income tenants. The initiative supports federally administered community housing projects reaching the end of their operating agreements from past social and affordable housing programs. $216.65Mprovided in rent assistance Budget: $618.2 million 48,662community housing units supported Target: 55,000 units |
Federal Community Housing Initiative |
Community Housing Transformation Centre
The Community Housing Transformation Centre is a network of organizations that represent and serve the needs of Canada's community housing sector. The Centre is a third-party network delivering this National Housing Strategy initiative, which provides access to tools, financial resources and best practices to support the growth, transformation and resilience of community housing. The Centre delivers the Sector Transformation Fund. Sector Transformation Fund $35.4Mprovided to the Community Housing Transformation Centre to date Budget: $64.2 million 367Sector Transformation Fund applications
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Community Housing Transformation Centre |
Community Based Tenant Initiative
The Community-Based Tenant Initiative provides contributions to support local organizations whose purpose is to assist people in housing need. The initiative supports tenants having access to information on housing options and participating in housing decisions that affect them. $10.00Mfunded to date Budget: $10 million 189approved applications
|
Community Based Tenant Initiative |
Reaching Home
Reaching Home is a community-based program that helps prevent and reduce homelessness across Canada. This program is investing nearly $4 billion in funding over 9 years to reduce chronic homelessness nationally by 50% by March 2028. +22%change in chronic homelessness among shelter users 93,535people placed in more stable housing under Reaching Home 163,434people who received prevention or shelter diversion services under Reaching Home |
Reaching Home |
Shared Equity Mortgage Providers Fund
The Shared Equity Mortgage Providers Fund will help 1,500 homebuyers buy their first home and assist in the creation of 1,500 projected new homeownership units. $38.25Mcommitted to help create new units Budget: $100 million 1,377new homeownership units Target: 1,500 units |
Shared Equity Mortgage Providers Fund |
First-Time Home Buyer Incentive
The First-Time Home Buyer Incentive's goal is to help up to 100,000 qualified first-time homebuyers purchase a home. $461.26Min Shared Equity Mortgages Budget: up to $1.25 billion 25,526applications approved Target: up to 100,000 units |
First-Time Home Buyer Incentive |
Solutions Labs
Solutions Labs offer organizations funding and expertise to help them solve complex housing problems. The funding is used to explore new ways of making progress on a housing challenge. Solutions Labs are formed through either our annual open call for proposals process or through our directed lab stream. $20.6Min funding Budget: $24.5 million 84funded labs
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Solutions Labs |
Demonstrations Initiative
Demonstrations Initiative funds demonstrations, in a real environment, of solutions supporting housing affordability, the National Housing Strategy priority areas, population groups and outcomes. $10.7Min funding Budget: $12.5 million 54Demonstration projects
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Demonstrations Initiative |
Housing Supply Challenge
The Housing Supply Challenge invites citizens, stakeholders and experts from across Canada to propose innovative solutions to the barriers that limit housing supply. The initiative will result in new ideas and solutions that will help more people find an affordable place to call home. $168.50Mfunding committed Budget: $300 million 59projects funded
|
Housing Supply Challenge |
One-time top-up to the Canada Housing BenefitThe One-Time Top-Up to the Canada Housing Benefit was designed to help lower-income renters with the increased cost of rent. $402.37Min payments 815,190applications received |
One-time top-up to the Canada Housing Benefit |
Indigenous Shelter and Transitional Housing InitiativeThe Indigenous Shelter and Transitional Housing initiative supports the construction of shelters and transitional housing for Indigenous women, children and LGBTQ2S+ people fleeing gender-based violence. The initiative will fund at least 38 shelters and 50 transitional homes. $353.51Mconditionally or financially committed Budget: $420 million 37community housing units committed Target: 38 shelters 36transitional homes Target: 50 transitional homes |
Indigenous Shelter and Transitional Housing Initiative |
Provincial and Territorial InitiativesSee the Quarterly progress report (PDF) for progress to date. |
Provincial and Territorial Initiatives |
Quarterly progress reports
Learn more about how the National Housing Strategy is working. These quarterly reports will measure the Strategy's overall success and provide an overview of how the programs are progressing.

- March 2025
- December 2024
- September 2024
- June 2024
- March 2024
- December 2023
- September 2023
- June 2023
- March 2023
- December 2022
- September 2022
- June 2022
Other reports
Mapping our progress
The National Housing Strategy has projects across Canada.
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