The funding for this Request for EOI is available under the Rental Development Program (RDP) and the Shelter Enhancement Program (SEP).
The RDP provides one-time capital funding to assist in the development of affordable rental units for households with low incomes. The RDP provides a forgivable loan of up to 70 per cent of the total eligible capital cost.
The SEP provides financial assistance to organizations to help them build new or repair existing emergency shelters and second-stage housing for victims of family violence so that these projects meet health, safety, and security standards. Eligible sponsors may receive up to 100% of the project capital costs.
Benefits
For clients:
- provides affordable housing for people who have the greatest difficulty obtaining or maintaining suitable, adequate or affordable housing; and/or
- provides support services and/or barrier-free and accessible units for tenants.
For eligible organizations:
- provides an opportunity for organizations to increase their rental stock; and
- provides an opportunity to offer housing and support services to hard-to-house clients.