About the HAF
The Housing Accelerator Fund is a federal initiative launched by and administered by the Canada Mortgage and Housing Corporation (CMCH) in 2023 to address Canada's housing crisis by accelerating the construction of new homes across the country. The fund aims to support municipalities in implementing transformative changes to increase housing supply, with particular focus on affordability, inclusivity, and climate resilience.
On March 11, 2024 the Town of Lunenburg announced its successful application to the HAF, under this agreement the Town agreed to pursue several initiatives to improve the supply of housing and affordability of housing in the town as part of its Action Plan.
These six initiatives were:
1. Accelerating Affordable Housing Growth through Tax Forgiveness Affordable Housing Tax Relief Policy
2. Town-owned Land Divestiture with Agreements for Housing
3. Affordable Housing Grant Program
4. Additional Accessible Unit Incentives Accessible Housing Incentive Policy
5. New Housing in a Heritage Context: Bringing together Densification & Conservation Illustrated Design and Conservation Guidelines
6. Advancing Sustainable Housing Growth through Comprehensive Infrastructure Planning Street Services Extension Policy