Funds for affordable homes in Muskoka

Two funding programs are now open through the Muskoka Affordable Housing Initiatives Program.

Money is now available to build affordable housing in the District of Muskoka.

Through the Muskoka Affordable Housing Initiatives Program (MAHIP), two new funding programs have opened up to help people build more rental housing.

“This program helps property owners and developers create more rental housing and helps more residents find housing,” said Arfona Zwiers, commissioner of community and planning services.

“It also supports the district’s commitment to help build a community where everyone has a place to call home. Every new unit created through this program is more than a number — each one helps residents and families in our community find affordable housing in Muskoka,” Zwiers said.

Two Funding Streams

Capital Incentive Program: Multi-Residential Rental Units

• Up to $100,000 per unit for developers and builders to create affordable multi-unit rental housing. Funding supports new construction or conversions of existing buildings such as schools, churches, or retail spaces.

Capital Incentive Program: Additional Residential Units

• Up to $50,000 per unit is available for property owners to build additional residential units (also known as secondary suites). Examples include basement apartments or garden suites, offering flexible housing options and rental income.

Applications close May 1.