The Right Honourable Mark Carney, Prime Minister of Canada and Member of Parliament for Nepean, officially launched in September Build Canada Homes (BCH), a new federal agency aimed at accelerating housing construction across Canada. As part of its operations, it will build 3,000 new affordable and community homes for low-income households in Ottawa, as part of its larger commitment to building more than 10,000 units through partnerships across the country, with over 1,400 homes already under construction or breaking ground in the next two months.
To that end, Canada’s new government recently forged a new federal-municipal housing partnership with the City of Ottawa to build up to 3,000 new mixed-income, affordable homes. Delivering on that commitment, the Prime Minister announced on April 23rd, 2026 that Build Canada Homes has approved eight affordable housing projects that will build over 1,100 new rental homes in the City of Ottawa – exceeding initial targets by nearly 10%. In total, over 90% of these projects will deliver affordable rental homes, with the majority scheduled to begin construction before the end of the year.
Prime Minister Carney announced that this includes the development of Geyser Place in Barrhaven, which will serve as a key site for 118 new non-profit affordable family homes in Nepean, his riding.
To further accelerate the construction of more homes, through the new Build Communities Strong Fund, the federal government is building housing-enabling infrastructure and reducing municipal development charges. Through a new agreement with Ontario, Prime Minister Carney's government is supporting municipalities in cutting development charges in half for three years. In Ottawa, this alone can bring down the cost of building a two-bedroom apartment by more than $15,000.
Prime Minister Carney alongside federal, provincial, and municipal colleagues announcing Build Canada Home's approval of eight affordable housing projects that will build over 1,100 new rental homes in the City of Ottawa at Geyser Place in Nepean, Ontario, on April 23rd, 2026.
By working in partnership with municipalities, Canada’s new government is maximising the impact of our initiatives. The Prime Minister's government is aligning funding, land, and local expertise to build more affordable homes at speed and at scale across the country.
“Canadians gave our government a clear mandate to build a stronger country – one where people are empowered with more opportunities, lower costs, safer communities, and homes you can afford" said Prime Minister Carney. "We’re working in partnership with the City of Ottawa to deliver on that promise – fast-tracking projects that build thousands of new affordable homes. By building faster, building smarter, and building Canadian, we’re building a stronger Ottawa and a stronger Canada for all.”
Prime Minister Carney with colleagues at the announcement of Build Canada Home's approval of eight affordable housing projects that will build over 1,100 new rental homes in the City of Ottawa at Geyser Place in Nepean, Ontario, on April 23rd, 2026.
All projects under this agreement will prioritise modern methods of construction and follow a Buy Canadian approach, where possible, to strengthen local supply chains, support Canadian materials, and speed up delivery. The projects are led by a range of partners, including non-profit housing providers and community organisations.
Launched in September 2025, Build Canada Homes is Canada’s new federal agency with the mandate to scale the supply of affordable housing. It leverages public land, flexible financial tools, and modern construction methods to catalyse delivery of affordable housing.
To view the full details of the announcement, please visit: Prime Minister Carney delivers on commitment to accelerate homebuilding in Ottawa | Prime Minister of Canada.