Everyone in Canada deserves a home that they can afford and that meets their needs, but many Canadians struggle to find, maintain, and afford a good place to live. A lack of housing supply combined with significant demand for housing can push prices up.
The Housing Supply Challenge invites applications from across Canada to propose new ideas and solutions that will help more people find an affordable place to call home.
The Challenge is part of Impact Canada and is led by the Canada Mortgage and Housing Corporation (CMHC), in collaboration with the Impact and Innovation Unit in the Privy Council Office and Infrastructure Canada. The Challenge will award $300 million in prizes over five years.
The Challenge offers multi-million dollar prizes across several competitions that address different barriers to housing supply. The Challenge will also provide a platform to share solutions with communities across Canada. The first competition will launch in Fall 2020.
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