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
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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|---|---|---|---|
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