GrantBritish ColumbiaProperty Development

Community Housing Fund (CHF)

The Government of British Columbia created the Community Housing Fund (CHF) in 2018. This fund helps build rental homes for people, including families, seniors, and people with disabilities.

The CHF is a $3.3‑billion program that will build more than 20,000 affordable rental homes for people with low or moderate incomes.

Offered by BC Housing

Amount

$3.3-billion program that will build more than 20,000 affordable rental homes for people with low or moderate incomes

Quick eligibility check

Years in business
No minimum stated
Employees
No limit stated
Revenue
No limit stated
Legal structure
No requirement stated
Location
British Columbia

Who can apply

The CHF supports rental housing for people with low and moderate incomes.

It does not fund support services or residential care. The rental mix must be as follows:

Market Rent Unit

Program Requirement - 30% of Units

Rent Amount - Initial market rent approved by BC Housing and must be maintained at or above the CMHC Average Market Rent

Resident Selection - Operator selects the market tenants (Option to use the Housing Registry.)

Tenant Income Eligibility - Eligible applicants must meet current low- and moderate-income limits.

Proof of Eligibility - Proof of income is required at move in only

Rent Geared to Income (RGI)

Program Requirement - 50% of Units

Rent Amount - Varies based on the rent calculation guide Rent Scale

Resident Selection - The operator selects the residents, and applicants must be selected from The Housing Registry

Tenant Income Eligibility - Tenants with an income below the applicable Housing Income Limits (HILs) will be selected from The Housing Registry

Proof of Eligibility - Proof of Income and Assets required annually

RGI Deep Subsidy

Program Requirement - 20% of Units

Rent Amount - Varies based on rent calculation guide Rent Scale

Resident Selection - The operator selects the residents, and applicants must be selected from The Housing Registry

Tenant Income Eligibility - Residents with an income below the Deep Subsidy Income Limits, as established by BC Housing, selected from the Housing Registry

Proof of Eligibility - Proof of Income and Assets required annually

About the funding

The CHF is a $3.3‑billion program that will build more than 20,000 affordable rental homes for people with low or moderate incomes.

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