ClosedFederalLoans
Co-op Housing Development Program (CHDP)
Canada Mortgage and Housing Corporation (CMHC)
There is $1.5 billion in funding available in the form of forgivable and low-interest repayable loans
Forgivable and low-interest repayable loans to build rental co-operative housing, co-designed with the Co-operative Housing Federation of Canada.
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Who qualifies
Non-profit co-operative housing; units must stay available for a minimum of 20 years at a lower rental rate than newly built purpose-built rentals. Indigenous and northern groups may qualify for program flexibilities.
Non-profitIndigenous
Good to know
- Funding: CMHC will fund up to 100% of eligible costs. Forgivable loans are the lesser of one-third of the total contract amount or the amount needed for financial viability.
- Cost share: 100% of eligible costs
Evidence from the official page
- amount“There is $1.5 billion in funding available in the form of forgivable and low-interest repayable loans” source ↗
- amount“CMHC will fund up to 100% of eligible costs.” source ↗
- status“The application portal is closed to new submissions.” source ↗
Verified 2026-10-11 · High confidence. Always confirm on the official page before applying.