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Municipal / LocalDevelopment incentive LondonVerified June 2026

Affordable Rental Housing Program (City of London - Dollars to Doors)

London's incentive that provides up to $45,000 per new affordable rental unit (as a loan) to offset construction costs, in exchange for keeping rents at 80% of CMHC average market rent for at least 25 years.

What you get

Up to $45,000

Who it's for

Private for-profit organizations, charitable/non-profit organizations, and Indigenous-led housing providers building, redeveloping or renovating to create a minimum of five affordable rental units in London.

Start your application

This takes you to the official website

What to have ready

Documents they may ask for

  • Government ID for everyone in your household, if available
  • A copy of your lease or rent agreement
  • Recent rent receipt, ledger, or proof of what you owe
  • Recent pay stubs, benefit statement, or income proof
  • ODSP, Ontario Works, CPP, OAS, or other benefit statement if you have one
  • Recent bank statement, if the program asks for it

What to say when you call

Hi, I found your housing support program and I want to check if I can apply. Can you tell me the current rules, documents needed, and the next step?

Use the official page first, then call 211 if you are not sure where to start.

Can I get this?

You have a good chance if this sounds like you:

  • Units must be capped at 80% of CMHC average market rent (adjusted annually) for at least 25 years

What to do next

Check off each step as you go — we'll remember where you are.

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The fine print

More details about the money

Up to $45,000 per affordable rental unit constructed, structured as a loan tied to affordability covenants registered on title (effectively forgiven if affordability is maintained). Funding is available retroactively for permits issued after September 8, 2024.

Amounts and eligibility change. Confirm the current figure with the program administrator through the official link before you rely on it.

The full eligibility rules

Private for-profit organizations, charitable/non-profit organizations, and Indigenous-led housing providers building, redeveloping or renovating to create a minimum of five affordable rental units in London. Units must be capped at 80% of CMHC average market rent (adjusted annually) for at least 25 years.

Good to know

Verified live. The page confirms the $45,000/unit maximum, the minimum-five-units requirement, the 80%-of-CMHC-AMR cap for at least 25 years, retroactive eligibility for permits after September 8, 2024, and housingprograms@london.ca. Relevant to FC's London-area footprint. Rent cap (80% AMR) adjusts annually; confirm the current AMR figure and remaining funding before relying on it. A separate forgivable stream for additional residential units (ARUs) is also referenced on the same page.

Official sources we checked
Official program page
This is a summary to get you started — the official page always has the final say. Spot something wrong? Tell us.
This guide is published by Mithulan Perinpanayagam, CPA, CA, who also co-founds Foundation Capital, a private real-estate firm that operates rental housing. Foundation Capital does not set its rents based on anything on this site. This guide is information only — not financial, legal, tax, or benefits advice, and using it does not create a professional relationship. Always confirm current details with the program administrator through the official link before you rely on them.

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