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Build Canada Homes opens door to applicants as funding rollout begins

Federal agency will not consider projects that rely on it as primary lender, its CEO says
Ana Bailão, CEO of federal government agency known as Build Canada Homes, is seen here speaking at a real estate conference in Montreal. (Kristian Gravenor/CoStar)<br/>
Ana Bailão, CEO of federal government agency known as Build Canada Homes, is seen here speaking at a real estate conference in Montreal. (Kristian Gravenor/CoStar)
CoStar News
February 5, 2026 | 8:31 P.M.

Canada’s new $13-billion housing agency is ready to start handing out money, Ana Bailão, the inaugural CEO of Build Canada Homes told the Quebec Apartment Investment Conference this week, but developers expecting financing will face a strict reality check, she said.

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News | Build Canada Homes opens door to applicants as funding rollout begins