Deadline: 18-Dec-23
Impact Canada Initiative is seeking applications for Housing Supply Challenge to increase the adoption of transformative, system-level solutions that enable the quicker delivery of both community and market housing.
About Round 5 of the Housing Supply Challenge
- Lengthy development timelines, connected to various issues, inflate housing costs.
- Level-Up is addressing the entrenched housing affordability crisis in Canada. To increase housing productivity, they must transform the housing sector to meet the nation’s housing needs more swiftly and cost-effectively.
- Level-Up’s goal is to scale system-level solutions like skill enhancement, automation and streamlined supply chains to expedite housing provision. Successful solutions will lead to quicker development, reduced costs and permanent improvements in Canada’s housing delivery process.
- Level-Up offers a dedicated stream for Community Housing Innovators and a general stream for All Housing Innovators.
Objectives
- Mobilize innovators from inside and outside the housing industry to unlock significant change in housing productivity.
- Establish cross-sector “solver” communities that enhance Canada’s housing innovation ecosystem.
- Accelerate housing delivery by tackling one of the industry’s most costly and inefficient challenges: overly long, uncertain timelines.
- Create the conditions to scale proven solutions that grow the supply of high-quality housing options (both community and market housing).
The Level-Up Challenge has 2 Options
- Community Housing Innovators
- Offering solutions to:
- speed up community housing projects, making them more accessible and cost-effective.
- help community housing providers increase the amount of housing they can build or acquire.
- Offering solutions to:
- All Housing Innovators
- Offering solutions to:
- reduce development timelines for any kind of new home
- increase Canada’s capacity to build more housing on a sustained basis
- Offering solutions to:
Funding Allocation
- Stage 1 – Elevating Foundational Solutions (Launch & Intake)
- Innovators must prove that their solutions can lead to more housing, faster. Up to 20 foundational solutions will receive a $1,000,000 prize.
Who can Apply?
- Community Housing Innovator (CHI) applicants include:
- Individuals
- Not-for-profit organizations such as housing providers, co-ops, capacity builders, charities
- Indigenous organizations, governments, groups, housing agencies and authorities
- Governments (provincial, territorial, Indigenous, municipal, local and regional) or government agencies
- All Housing Innovator (AHI) applicants include:
- Individuals
- For-profit organizations
- Not-for-profit organizations such as housing providers, co-ops, capacity builders, charities
- Indigenous organizations, governments, groups, housing agencies and authorities
- Governments (provincial, territorial, Indigenous, municipal, local and regional) or government agencies
- Applicants must be affiliated with a legally incorporated organization to receive funding.
For more information, visit Impact Canada Initiative.