Agency

National Housing Strategy: A 10-year, $40-billion plan creating a new generation of housing in Canada giving more Canadians a place to call home.

There is no place like home. That’s why we’ve created Canada’s first-ever National Housing Strategy. This $40 billion, 10-year plan will strengthen the middle class, cut chronic homelessness in half and fuel our economy. Most importantly, it will give more Canadians across the country a place to call home.

Canada’s first-ever National Housing Strategy will help drive the success of Canada’s housing sector by giving more Canadians affordable homes.

Through the NHS, the federal government is bringing together the public, private and non-profit sectors to re-engage in affordable housing. Using a mix of funding, grants and loans, the strategy will create affordable, stable and livable communities. These communities will be located near amenities and transportation – and have the opportunities needed to succeed. Ultimately, communities where families thrive.

The goal is to ensure Canadians across the country have access to housing that meets their needs and is affordable. To achieve this, the strategy will first focus on the most vulnerable Canadians.

The NHS will spearhead innovative new housing research, data and demonstration projects. This will fill gaps in our knowledge, share the best ideas and shape the future of housing policy in Canada. It will also create new opportunities for the federal government to innovate through partnerships with the community housing sector, co-operative movement, private sector, and research community. The end result will:

The end result will see:

• strengthen the middle class
• cut chronic homelessness in half
• build up to 100,000 new homes
• fuel our economy
• create a new generation of housing in Canada

Ultimately, the National Housing Strategy will promote diverse communities and create a new generation of housing that is mixed-income, mixed-use, accessible and sustainable.

NHS Initiatives

The National Housing Strategy has been designed as a toolkit. It features complementary initiatives working together to address challenges across the housing continuum and spectrum of housing needs. The strategy initiatives will:

• build new affordable housing and renew the existing affordable housing stock
• provide technical assistance, tools and resources to build capacity in the community housing sector and funds tosupport local organizations
• support research, capacity-building, excellence and innovation in housing research

The strategy will promote partnerships and the alignment of efforts in order to achieve ambitious outcomes.

CMHC is leading and delivering the National Housing Strategy federal initiatives. In some cases, CMHC will work with other federal departments or agencies to deliver the programs. In other cases, services may be contracted out to third-parties.