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Intake-basedFederalLoans

FedNor - Regional Homebuilding Innovation Initiative (Northern Ontario)

FedNor

Up to $500K

Generally repayable and normally capped at a maximum of $500,000 per project (commercial); $25,000 per ultimate recipient for non-commercial redistributing projects; $50 million over two years nationally

Supports Northern Ontario businesses and organizations strengthening the housing supply chain and residential construction innovation. Commercial projects are generally repayable.

Open the official page ↗
14
Long shot

How to apply

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Who qualifies

Incorporated SMEs, incorporated not-for-profits, Indigenous businesses and organizations, and municipalities; benefits must accrue to Northern Ontario.

Small businessCorporationNon-profitIndigenousMunicipality

Good to know

  • Funding: Commercial: up to 50% of eligible and supported costs; non-commercial normally up to 75%.
  • Cost share: 50% of eligible costs

Evidence from the official page

  • amount“a maximum of $500,000 per project” source ↗

Verified 2026-10-07 · Medium confidence. Always confirm on the official page before applying.