11.02.2020

Canada’s Rapid Housing Initiative (RHI)

Are you a Canadian Municipality, Non-Profit or Indigenous Housing Society looking to complete a project in the next 12 months?

The Government of Canada, through CMHC, has launched the Rapid Housing Initiative (RHI). A $1 billion program to help address the urgent housing needs of vulnerable Canadians, especially in the context of COVID-19, through the rapid construction of affordable housing.

The initiative provides capital contributions (upon signing a funding agreement with CMHC) to expedite the delivery of affordable housing. The RHI will:

  • Support the creation of up to 3,000 new permanent affordable housing units.
  • Cover the construction of modular housing, as well as the acquisition of land to create affordable housing.
  • Aim to commit all funds before March 31, 2021, and ensure housing is available within 12 months of agreements.

Stack Modular in conjunction with our Partners Bird Construction and Stuart Olsen Construction we have a nationwide reach with expertise and resources to make your housing projects come to fruition.

Contact us today for more information on how to partner with Stack and complete your project with funding through the Rapid Housing Initiative.

Andy Berube
VP Sales & Marketing
info@stackmodular.com
1-587-999-0958

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