Affordable Rental Housing Program
Definition
Provides capital funding for development of rental units where rent is set at or below average market rate by the number of bedrooms, as measured by the Canada Mortgage and Housing Corporation. Rent is calculated based on the unit and not on the household’s income. Units may be operated by either non-profit housing providers or private sector housing providers.
Category
Social and Affordable Housing System
Sub-category
Social and Affordable Housing
Related Terms
Affordable Home Ownership Program
Service Information
Visit New Affordable Housing Developments for project details and contact information.
