Federal Community Housing Initiative

The federal government through the National Housing Strategy will invest $500 million over 10 years for a new Federal Community Housing Initiative to protect affordability for tenants and stabilize the operations of some 55,000 units of federally administered community housing projects.

Under phase I of the Federal Community Housing Initiative, federally administered community housing providers with long-term operating agreements that have ended or that are coming to an end between April 1, 2016 and February 28, 2020, will continue to receive the same level of subsidy currently provided under existing agreements until March 31, 2020.  For more information click here