Affordable Housing Investment Program

The City of Edmonton is committed to re-establishing non-market affordable housing as critical infrastructure in every neighbourhood.

The Affordable Housing Investment Program provides limited grant funding to eligible non-profit and private sector entities to encourage affordable housing development. By acting as an initial funder, the City helps grant recipients overcome development barriers and attract investment from other orders of government.

Project Funding

Projects that may be considered for funding include:

Affordable near-market rental

Affordable homeownership (that is: rent-to-own)

Mixed-income developments with an affordable housing component

Mixed-use developments with an affordable housing component

Permanent supportive housing developments

Rent-geared-to-income/deep subsidy

Indigenous Housing Grant Stream

Indigenous people disproportionately experience homelessness and housing insecurity in Edmonton. Across the city, 1 in 4 renter households struggle to cover housing costs. Among Indigenous renter households, it’s 1 in 3.

The Affordable Housing Investment Program includes a grant stream specifically for Indigenous-led housing providers. It provides limited capital funding to Indigenous organizations to build new affordable housing units and/or rehabilitate existing affordable housing units.

The City provides up to 25% of total capital costs for affordable housing. Grants of up to 40% will be considered for proposals that include deep subsidies for priority groups, such as women and children fleeing domestic violence, exceed energy efficiency targets, and provide larger units.

New Construction

Planned Development or Reimbursement

Assists organizations in constructing new affordable housing units
Open to not-for-profit or for-profit corporations
Targeted to shovel ready developments or for reimbursement anytime after construction but prior to occupancy
Funding of up to 25% of total construction cost of the affordable housing component of the project (actual funding commitment depends on the level of rent subsidy that will be provided)
The applicant must own land or have a signed Purchase Agreement in place

This grant has the following sub-streams:

(A) New Construction - Planned Development
(B) New Construction - Reimbursement

Rehabilitation

Planned Development or Reimbursement

Assists organizations in rehabilitating developments with existing affordable housing units
Open to not-for-profit or for-profit corporations
Targeted to shovel-ready rehabilitation developments or for reimbursement after rehabilitation has begun but prior to occupancy
Funding of up to 25% of total construction cost of the affordable housing component of the project (actual funding commitment depends on the level of rent subsidy that will be provided)
The applicant must own land or have a signed Purchase Agreement in place

This grant has the following sub-streams:

(A) Rehabilitation - Planned Development
(B) Rehabilitation - Reimbursement

Indigenous Housing

New Construction (Planned Development or Reimbursement ) or Rehabilitation (Planned Development or Reimbursement)

Assists Indigenous organizations pursuing affordable housing development
Open to majority Indigenous-owned not-for-profit or for-profit corporations
Targeted to both new construction and rehabilitation developments
Developments can be either shovel-ready or reimbursed if construction is underway but occupancy has not yet been issued
Funding of up to 25% of total construction cost of the affordable housing component of the project (actual amount of funding commitment by the City may vary), with opportunities to provide up to 40%
The applicant must own land or have a signed Purchase Agreement in place

This grant has the following sub-streams:

(A) Indigenous Housing - New Construction - Planned Development
(B) Indigenous Housing - New Construction - Reimbursement
(C) Indigenous Housing - Rehabilitation - Planned Development
(D) Indigenous Housing - Rehabilitation - Reimbursement

Extreme Weather Alert

Parking Ban Declared (Major Roads & Bus Routes)

Affordable Housing Investment Program

Project Funding

Indigenous Housing Grant Stream

Before You Apply

Grant Overview

New Construction

Rehabilitation

Indigenous Housing

Contact Us

Affordable Housing Investment Program

Project Funding

Indigenous Housing Grant Stream

Before You Apply

New Construction

Rehabilitation

Indigenous Housing

Supplemental Resources

Glossary of Housing Terms

Public Engagement Plan (Template)

2024 Maximum Allowable Rental Rates (MARR)/Maximum Income Threshold

Contact Us