CMHC Affordable Housing Retrofit Program
CMHC is supporting Canadians reach its goal of net-zero emissions by 2050, providing Retrofit Funding for Multi-Unit Residential Buildings.
Why Participate?
The Canada Mortgage and Housing Corporation (CMHC) is providing substantial financial support to carry out deep energy retrofits. Deep energy retrofits reduce operating costs and enhance resident comfort, while significantly lowering greenhouse gas emissions and improving building resilience. These upgrades not only ensure long-term affordability but also demonstrate a commitment to sustainability and social responsibility.
With available funding, eligible building owners can significantly improve their assets with minimal upfront costs.
Over $1 billion in combined grants, forgivable, and repayable loans is available for both pre-retrofit and retrofit activities.
Access up to $130,000 per project for pre-retrofit activities and up to $170,000 per unit for retrofit activities, with combination repayable and forgivable loans (forgivable loans up to 80% of retrofit costs).
Project Eligibility:
The program funds deep energy retrofits for multi-unit affordable housing (5+ units) for low- and moderate-income households and those most in need.
Projects should target 70% reduction in energy consumption, relative to pre-retrofit performance, and 80% reduction in GHG emissions.
Funding is available for both Pre-Retrofit and Retrofit funding.
Pre-Retrofit
- Building Condition Assessments
- Energy Audits (ASHRAE 3 or equivalent)
- Energy Modelling Studies
- Project Drawings and Specifications
- Engineering Studies
- Construction Cost Estimate
- Business Case Development
- Environmental Site Assessments/Hazardous Materials Report
- Site Surveys
Retrofit
- Retrofit measures, systems, software, and/or equipment that increase energy efficiency and decrease GHG emissions
- Repair and maintenance that enables or is dependent on the retrofit
- Renewable energy measures
- Climate resiliency measures
- Hard and soft costs
- Closing costs related to the loan
For all projects, costs must be reviewed and recommended by a recognized professional, such as an Energy Advisor, Engineer, or Quantity Surveyor.
Who Can Participate?
- Community housing providers such as (non-profit housing organizations, public housing agencies & rental co-operatives)
- Indigenous Governments and Organizations (First Nations, Tribal Councils & Indigenous housing providers)
- Provincial, Territorial & Municipal Governments
Next Steps!
- Talk to SPG about the CMHC Affordable Housing Retrofit Funding Program for more details on project eligibility, application requirements, and to secure quotes on both pre-retrofit and retrofit activities.
- Prepare an application for pre-retrofit activities and submit during the application window*
- Carry out pre-retrofit activities with a qualified consultant
- Work with your consultant to complete the CGAH Retrofit Funding Assessment Calculator and prepare a detailed retrofit scope of work
- Submit an application for retrofit funding with pre-retrofit documentation
*Note: The completion of a BCA, Energy Audit, and Energy Modelling Study are required for Retrofit Funding
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