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Community Housing Incentive Program

What you need to know

On April 9, 2024, Council unanimously approved changes to the Community Housing Incentive Program (CHIP)  (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

Check back for 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.

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