Canadian Housing Acquisition Fund

A pan-Canadian, community housing sector proposal to protect at-risk rental housing from coast to coast to coast - keeping it affordable and Canadian.

  • We are losing affordable housing faster than we can build new supply - highlighting the need to protect the affordability that exists today.

  • The community housing sector is uniquely positioned to protect renters and affordable housing supply.

  • We can do so quickly and have demonstrated proof of concept with the BC Rental Protection Fund.

  • The Canadian Housing Acquisition Fund Inc. is prepared to scale nationally to acquire thousands of homes and keep them affordable.

The Challenge

The most affordable homes are the ones we already have. And that’s why we need to protect them. 

Between 2016 and 2021, Canada lost 370,000 homes rented at below $1000 per month. This happens through demolition, conversion to condo, or increasing rents at turnover, which leaves fewer and fewer affordable options.

No amount of building can make up for these losses. 

The Canada Rental Protection Fund

The Canadian Housing and Renewal Association, National Indigenous Collaborative Housing Inc., Co-operative Housing Federation of Canada, and the BC Rental Protection Fund proposed a national acquisition fund to move rental homes into community ownership through non-profits and co-operatives, protecting their affordability forever.

In 2024, The federal government announced the creation of the Canada Rental Protection Fund, and officially launched the call for proposals to operationalize the Fund on March 7, 2025.

The Canadian Housing Acquisition Fund Inc. is putting forward a pan-Canadian proposal to deliver the Canada Rental Protection Fund and protect the affordability of homes across the country.