$1B in Funding Is Now Available

Canada’s Rapid Housing Initiative

Round 3

Need support with your Rapid Housing Initiative project?

Canada’s Rapid Housing Initiative

Round 3 Extended Funding (November 29, 2022 – Jan 2022)


The Rapid Housing Initiative (RHI) was initially launched in October 2020. Two years later, another round of $1 billion in funding is available to help address the urgent housing needs of vulnerable Canadians. New funding for Round 3 is now open to competitive applicants.

Get Started – RHI Funding


Rapid Housing Initiative Round 3 provides additional funding of $1 billion to build affordable housing for vulnerable Canadians. This population includes Indigenous Peoples and Black Canadians; at least 25% of this funding will go towards women-focused housing projects.

This round of new funding supports both new construction and rehabilitation/conversion into affordable housing. Applications are open to non-profit organizations, Indigenous governing bodies, and provincial, territorial and municipal governments.

Partner With Freeport Industries


Applying for the RHI? You’ll need a modular partner. With over 20 years of experience in building modular structures and custom homes, Freeport can deliver this project on budget and on time. You can trust in our commitment to high-quality craftsmanship and safe building practices.

Learn more about the Rapid Housing Initiative application process here.