Stream 1 CHIP grants: We are preparing to launch a proposal call for Stream 1.
- Application period: October 21 to November 30, 2024.
There will be an online information session on October 10, 2024, contact NMHDHousing@vancouver.ca to sign up.
What you need to know
On April 9, 2024, Council unanimously approved changes to the Community Housing Incentive Program (CHIP) PDF file (201 KB).
CHIP now has 2 grant streams:
- Stream 1: for non-market housing projects that:
- Are self-sustaining
- Leverage capital funding and low-cost senior government financing
- Stream 2: for non-market housing projects that:
- Target a deep level of affordability
- Rely on ongoing operating subsidies from senior governments
We will post updates on when applications open.
Funded by revenue from the Empty Homes Tax, the Community Housing Incentive Program (CHIP) is a grant program which contributes towards the construction of a variety of affordable housings projects.
CHIP is designed to assist non-profit and co-op organizations in constructing affordable housing on their own land in Vancouver. Since 2019, Council has approved over $42 million in CHIP grants, enabling eligible organizations to build over 1000 homes.
Contact us
Email: daniel.naundorf@vancouver.ca