Pre-Development Funding Grant Program for Non-Market Housing
Port Coquitlam is proud to announce the launch of its Pre-Development Funding (PDF) Grant Program, to help fast-track the creation of non-market, affordable rental homes in the community. This aligns with Council’s priority to advocate for increased affordable housing and supports delivery of a key type of housing need as identified in the City’s Housing Needs Report.
This new program provides early-stage financial support to non-profit housing providers giving them the boost needed to advance promising projects to a stage where they can successfully secure senior-government funding and other investment opportunities. The funding will support the critical groundwork that brings projects closer to construction, including design, due diligence, site readiness, early engineering, and other essential pre-development activities.
At a time when funding is increasingly competitive, Port Coquitlam’s PDF Grant Program is stepping in to take proactive action to accelerate the delivery of much-needed affordable homes and strengthen partnerships with the non-profit housing sector.
The City initiated the Pre-Development Funding Grant Program with funding from the Canada Mortgage and Housing Corporation (CMHC) through the Housing Accelerator Fund (HAF).
Stimulate the next wave of affordable housing in Port Coquitlam
Support non-profit housing developers in preparing strong, competitive applications for provincial and federal funding
Help ready viable projects for future development in alignment with the City’s Housing Needs Report and community priorities
Who Can Apply
To be eligible, applicants must:
Be a non-government, registered non-profit organization
Be the long-term operator of the proposed housing
Be proposing affordable rental housing
Have secured a site in the City of Port Coquitlam (ownership, long-term lease, or conditional agreement)
Have a preliminary project concept in place (e.g., early design, massing study, development intent)
The City initiated the Pre-Development Funding Grant Program with funding from the CMHC through the HAF. Council has allocated up to $300,000 in total funding for the Pre-Development Funding Grant Program.
Total Program Funding: $300,000
Funding is awarded through a competitive application process
Projects must support affordable rental housing and align with at least one of the following priorities:
Income Groups
Low-income, median-income, or moderate-income households
Priority Populations
Working individuals
Youth
Seniors
Single-parent families
Other priority groups identified in the City’s Housing Needs Report
Family-Friendly Housing
Projects with a large proportion of family-sized units may receive higher scoring
Geographic Distribution
To encourage equitable access to housing, projects outside the downtown core may receive higher scoring
PDF funding can be used for early-stage project work such as:
Site assessments & due diligence
Environmental or geotechnical studies
Early architectural or design work
Planning, zoning, or feasibility analysis
Community or stakeholder engagement
Pre-development project coordination
Construction costs are not eligible
PDF funding will cover only a portion of pre-development costs.
Most projects will require senior government funding or lending to proceed to construction.
Funding through the PDF Grant Program does not guarantee that a project will receive an approved development permit or building permit.
The PDF Grant program prioritizes organizations that:
Have secured a site, either through ownership or long-term lease
Have a realistic project concept
Are positioned to act quickly when future provincial or federal funding becomes available
Application Process
Ensure your organization and project meet eligibility requirements.
Organization details and proof of non-profit status
Description of proposed housing project
Evidence of site control
Preliminary project concept (drawings, massing, feasibility, unit makeup, etc.)
Project rationale and alignment with priorities
Budget for pre-development work and anticipated funding sources
Timeline for project activities
Applications will be accepted during open intake periods. Submission instructions and deadlines will be posted on this webpage. Send application packages to [email protected].
