Affordable Housing Acceleration Fund

The Housing Accelerator Fund (HAF) is a $4 billion initiative by the Government of Canada, managed by the Canada Mortgage and Housing Corporation (CMHC). Launched in March 2023, the fund's primary mission is to fast-track the creation of new homes across the country. It provides incentive funding to local governments to encourage and support initiatives that remove barriers to housing supply, such as improving zoning bylaws, speeding up development permit approvals, and investing in affordable housing projects. The program aims to create more homes, faster, to address Canada's housing crisis.