Press Release
April 3, 2024
The Canadian Housing Acquisition Fund is a pan-Canadian federally incorporated non-profit founded by the Canadian Housing and Renewal Association, Co-operative Housing Federation of Canada, and the Rental Protection Fund.
With a leadership and governance structure to support For Indigenous, By Indigenous affordable rental housing acquisition and operation as a core part of the mandate, this fund builds on the success of the Rental Protection Fund, a $500 million fund that is fully operational, working effectively with investors and grantees to close acquisition deals in British Columbia.
A key element of the Fund is its “stackability” – the ability to “crowd-in” other capital, public and private, to enable community-based acquisition of affordable rental housing.
The fund would be authorized to approve loans administratively that meet the goals of the program and the established terms and criteria under a contribution and financing agreement with the Government of Canada.
Want to learn more? Visit their website and show your support at https://www.acquisitionfund.ca/.
You can also visit the following media to learn more about how they’re “Canadian Housing AF”!
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