Housing Accelerator Fund

Implementing projects as part of the town’s Housing Accelerator Fund application.

The Canada Mortgage and Housing Corporation (CMHC) launched the Housing Accelerator Fund (HAF) program in Spring 2023. The main objective of the program is to encourage housing supply growth and create certainty in development approvals. 

The program is intended to provide up to $4 billion in federal funding directly to local municipalities to incentivize and support initiatives that accelerate the supply of housing.

To participate in the HAF program, municipalities are required to develop an Action Plan as the basis of their application and include a minimum of seven initiatives that the municipality will undertake. Additional requirements from the Federal Minister of Housing, in review of municipal applications, has also become a consideration including: 

Review the community advisory for more details.

Four dwelling units per property

Sheridan College housing area – Special policy area

Contact

Brad Sunderland MCIP, RPP
Senior Planner
905-845-6601, ext. 3043
brad.sunderland@oakville.ca