- Project Development Fund (PFD)
To support non-profit organizations to develop affordable housing proposals for projects that are in the pre-construction phase.
To address pre-construction “soft-costs” for proposals that aim to create new affordable housing by way of construction, acquisition and/or conversions.
Maximum funding for proposed PDF projects is $25,000
- Rental Housing Capital Contribution Fund (RHCCF)
To address the shortfall in affordable rental housing stock within the Cowichan Region
To support development of new affordable rental housing stock, shelters and second stage housing by making a contribution to capital costs.
To enhance community contributions and partnerships in order to leverage additional funding resources.
Funding may be up to 10% of the overall project budget.