(SeaPRwire) –   VANCOUVER, BC, March 31, 2026 – An excessive number of Canadians are struggling to find housing that fits their budget. Addressing Canada’s housing crisis requires immediate action to lower costs, cut bureaucratic red tape, and speed up home construction. The Government of Canada is stepping forward with a bold new strategy to build affordable housing across the country.

At the core of this work, the Government of Canada has launched Build Canada Homes, which is helping to increase the pace of affordable homebuilding. This initiative also supports the fight against homelessness by constructing transitional and supportive housing—working alongside provinces, territories, municipalities, and Indigenous communities. It builds deeply affordable and community-focused housing for low-income households, and partners with private market developers to create affordable homes for Canada’s middle class.

As part of the federal government’s broader efforts to tackle the housing crisis, investments are being made across the entire housing continuum to address the needs of communities nationwide.

Today, the federal government announced $1 million in funding through the Canada Greener Affordable Housing Fund to retrofit 10 homes in Waiwakum 14, in collaboration with the Hiy̓ám̓ ta Housing Society.

The announcement was made by the Honourable Gregor Robertson, Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development Canada.

The Government of Canada’s housing investments will help strengthen Canadian supply chains and create good jobs at every stage of the homebuilding process—supporting both increased home construction and a more robust Canadian economy.

Quotes:

“Our Government is committed to providing communities with the support they need to build capacity for local solutions to homelessness. Access to adequate, affordable housing is the foundation of socio-economic success. It supports better education and health outcomes, improved employment prospects, stronger community engagement and cohesion, as well as economic growth and financial security.” – The Honourable Gregor Robertson, Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development Canada

Quick Facts:

• The Canada Greener Affordable Housing Fund (CGAH) provided $1.2 billion to make multi-unit rental housing serving low- and moderate-income households more energy-efficient and environmentally friendly.
  • CGAH was a financing program that helped community housing providers complete deep energy retrofits on their multi-unit residential buildings, enhancing quality and adapting homes to climate change and extreme weather events—leading to significant reductions in energy consumption and greenhouse gas (GHG) emissions.
  • CGAH offered contributions for pre-retrofit activities like planning, preparation, and applying for retrofit funding, as well as forgivable and low-interest loans to finance building retrofits and climate-focused actions. The application portal is now closed, as all funding has been committed.

Additional Information:

• Visit canada.ca/housing for the most frequently requested housing information from the Government of Canada. 
• Build Canada Homes is ready to partner with organizations dedicated to increasing affordable housing supply across Canada. Learn more about the portal and the Investment Policy Framework.
• CMHC plays a critical role as a national convenor to promote stability and sustainability in Canada’s housing finance system. Its mortgage insurance products support access to homeownership and the creation and maintenance of rental supply. CMHC’s research and data inform housing policy. By facilitating collaboration between all levels of government, private and non-profit sectors, CMHC advances housing affordability, equity, and climate compatibility. It actively supports the Government of Canada in fulfilling its commitment to make housing more affordable.

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SOURCE Canada Mortgage and Housing Corporation (CMHC)