New and existing partners interested in applying for future BC Housing funding programs can apply for capacity funding. This funding is intended to help partners develop comprehensive proposals for new affordable housing projects.
Overview
The Project Development Fund (PDF) provides financing for eligible groups who have an affordable housing proposal but need additional financial support to advance their project to prepare a more fully formed and competitive proposal. This financing is intended to support eligible groups in responding to future BC Housing programs funded under Building BC.
Those eligible for a PDF loan can access up to a maximum of $250,000 in support. A PDF loan is intended to help partners develop comprehensive proposals (including the necessary due diligence, feasibility analyses and design specifications) for new affordable housing projects.
Who will be eligible for PDF funding?
- Non-profit societies, housing co-ops, municipal housing providers, and First Nations, and Indigenous governments.
- Private partners are permitted to apply on behalf of non-profit societies, Indigenous groups, cooperative and municipal housing providers.
When can organizations apply?
Applications for a PDF loan are accepted on an ongoing basis.
How to apply
- Review the Project Development Fund (PDF) Evaluation Matrix. Included are mandatory requirements, application evaluation criteria, and the selection process.
- Complete the Project Development Fund (PDF) Application Form. A project profile and budgets for project development, capital and operating costs are required.
Questions?
You can reach out to your local development contact at BC Housing:
- Interior: [email protected]
- Lower Mainland and Fraser Valley: [email protected]
- Northern: [email protected]
- Vancouver Island: [email protected]