Rapid Housing Initiative
The new affordable housing units must be either new construction, conversion of non-residential buildings into affordable housing, or repair of existing residential buildings that are no longer in the housing stock. They are meant for vulnerable populations prioritized by CMHC under the NHS.
Through three rounds of RHI, $4 billion in federal funds has been allocated for the development of over 15,000 new affordable homes across Canada. Projects within Calgary have secured RHI funds through each round and will result in a significant number of new affordable homes for Calgarians.
More information about each round of RHI, including the successful projects, is coming soon.
If you have questions about RHI, please submit all inquiries via email.
The City of Calgary secured $24.6 million in funding to support three separate projects and resulted in the development of 178 new affordable homes.
The City of Calgary secured $23.6 million in funding to support two separate projects, resulting in the development of 117 new affordable homes. In addition, one other non-profit affordable housing provider secured $7.1 million directly from CMHC for development of 21 new affordable homes.
The City of Calgary supported all three successful RHI 2 projects with $10.4 million in capital funding.
In early 2023, The City of Calgary secured RHI funding through the third round of the program. A coordinated announcement between the federal government and The City of Calgary is expected shortly to provide details of the funding and successful projects.
The City of Calgary will once again support the successful projects with capital funding for RHI 3.