This data relates to 5 NHS programs targeted for supply and repairs, such as the Affordable Housing Fund, Rapid Housing Initiative and the Apartment Construction Loan Program.
To date, over 23.7 billion dollars have been allocated or committed to projects across Canada through these programs. The majority of this funding has been allocated to Ontario, with over 11.07 billion dollars in total funding.
Of this 23.7 billion dollars, 6.2 billion dollars are in the form of contribution (26%), and 17.5 billion dollars are in the form of loans (74%).
Program abbreviations:
Note about the data: funding and unit totals are slightly under counted in this data compared to the aggregate numbers presented in CMHC’s progress report. I believe this is likely due to them excluding projects that have conditional commitments from this data, but including them in their reports. I have yet to receive comment from CMHC on this.
Note: this plot is interactive. Look at the icons on the top right of each plot to enable different interactive actions, such as scrolling in or zooming. Hover over the bars to see more details about the funding amounts and programs.
This funding amount has been used to support 248,131 new and existing units across Canada. 191,823 of these units are considered affordable by CMHC’s standards, and 56,308 units are not.
155,354 of these units are repairs and renewals, and 92,748 are new construction. A significant portion of funded units are related to repairing affordable units in Ontario (100,959 units).