Municipal Resources
The RDBN’s member municipalities play a key role in addressing housing needs within the region. In recognition of this, the RDBN has advanced a Regional Housing Initiative focused on supporting the RDBN's member municipalities in meeting the region’s housing challenges in a coordinated and proactive manner.
This includes:
- support for the planning and development of housing projects;
- facilitating collaboration with municipal or senior government to identify and acquire land that could be used to support development goals; and
- support for the review of plans, bylaws, and development approval procedures in partnership with municipalities
Grant Programs
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BC Housing
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Funding programs include the Community Housing Fund (CHF), the Indigenous Housing Fund (IHF), the Women’s Transitional Housing Fund (WTHF), the Supportive Housing Fund (SHF), Rapid Response to Homelessness, and BC Builds. Currently, all BC Housing funding opportunities are closed with the exception of BC Builds. Watch for new opportunities in 2027.
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BC Builds
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BC Builds is a housing program, delivered by BC Housing, to speed up the development of new homes for middle-income working people throughout British Columbia. BC Builds partners with government, First Nations, community, non-profit and private landowners, provides low-interest repayable loans and grants, and speeds up project timelines to reduce how long it takes to get a building from concept to construction.
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CMHC Programs
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CMHC has offered a variety of funding opportunities in the past, however most of these are currently closed. Watch their website for new opportunities.
The CMHC following programs are currently accepting applications.
Apartment Construction Loan Program: The Apartment Construction Loan Program provides low-cost funding to eligible borrowers during the riskiest phase of development: construction through to stabilized operations. The program offers loans ranging from a minimum of $1,000,000 up to 100% of the cost of the residential component of a project. The program focuses on standard rental, seniors housing and student housing projects in Canada where there is a need for additional rental housing supply.
Link to Apartment Construction Loan Program
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Build Canada Homes
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Build Canada Homes is Canada's new federal agency that will build affordable homes, support builders with financing, and encourage innovative building methods – using Canadian technology, workers and lumber, and sustainable building practices.
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Build Communities Strong
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The federal Build Communities Strong fund will invest in a wide range of infrastructure projects that support economic prosperity, housing, education, health, transit, and climate adaptation, starting in 2026-2027. There are three funding streams: Provincial and Territorial Stream, Direct Delivery Stream, and Community Stream. Currently, the Direct Delivery Stream is accepting expressions of interest.