14.09.2025
Why create Build Canada Homes when other federal organizations exist to support housing?
What makes Build Canada Homes different is how it works:
- Unlocking multi-year pipelines of projects through the portfolio approach,
- Leveraging modern methods of construction such as factory-built housing, and
- Building on public lands to deliver more affordable homes faster.
By combining flexible financing, access to land, and development expertise under one roof, Build Canada Homes will make it simpler and faster to get big projects off the ground. Introducing early federal financing will decrease project risk and incentivize private investment.
Build Canada Homes will act as a one-stop-shop for proponents at every phase of the development process, working in close partnership with developers, investors, manufacturers, other orders of government and Indigenous partners to get housing financed and built.
What is considered affordable and deeply affordable for Build Canada Homes?
Build Canada Homes recognizes that housing should cost less than 30% of household's before-tax income and will seek to build homes at prices that reflect the realities of different regions across Canada and across the income spectrum.
Affordable Housing
Housing is considered affordable when it costs less than 30% of a household's before-tax income, based on the median household income in a given region.
This type of housing is aimed at middle-income households, such as essential workers (e.g., construction workers, care providers, teachers, nurses, etc.).
It reflects what people in the middle of the income spectrum can reasonably afford in their local area.
Deeply Affordable Housing
Housing is considered deeply affordable when it costs less than 30% of a household's before-tax income, based on the median income of low- or very-low-income households in a region.
This type of housing supports those with limited or fixed incomes, such as minimum wage earners, low-income seniors, or people receiving social assistance.
It ensures that even the most economically vulnerable can access safe and stable housing, including people experiencing homelessness through housing first approaches and supportive housing options.
