PrairiesCan — Regional Economic Growth through Innovation — Regional Homebuilding Innovation Initiative (RHII)

💡What Is This Program?

🎁What Benefits Are Offered?

Interest-free repayable contributions directly to businesses to enhance local and regional housing supply chains and advance innovation in the residential construction sector. PrairiesCan will fund up to 50% of eligible project costs. Focus areas include designing/upscaling modular homes, 3D printing, mass timber construction, panelized construction, and net-zero/climate-resilient housing practices.

📋What Are the Application Steps & Timeline?

📝Steps to ApplySource

• Prepare the Expression of Interest (EOI) form.
• Submit the EOI along with required documents.
• Wait for an invitation to submit a full application if selected.
• Complete and submit the full application through the online portal.

🌐Application PortalSource

https://www.canada.ca/en/prairies-economic-development/services/funding/regional-homebuilding-innovation-initiative.html

📤Submission MethodSource

online

📅Key DatesSource

March 31, 2026Application deadline

Within 30 days of submissionEOI submission response

🔄Intake TypeSource

continuous

📄What Documents Are Required?

✅Required DocumentsSource

• financial statements for the past 2 years
• interim financial statements for the last 6-month period
• other supporting information (such as business plan, pitch deck)
• confirmation of other funding sources (bank statements, letters of intent, funding agreements, signed term sheets)

📎Optional DocumentsSource

• business plan
• pitch deck
• forecasted income statements and cash flow
• detailed breakdown of project costs
• disclosure of pre-existing disbursements

📐Format Requirements

PDF only, max 10MB

📥Templates AvailableSource

• RHII EOI help guide

✉️Supporting LettersSource

official letters of confirmed/conditional funding

💰What Expenses Are Eligible?

🧾Eligible ExpensesSource

• capital costs (e.g. purchase of machinery or equipment)
• labour (e.g. wages and benefits)
• marketing costs related to intellectual property
• technology development and commercial demonstrations (technology readiness levels of 7-9)
• professional, advisory and technical services

🚫Ineligible ExpensesSource

• basic and applied R&D (technology readiness levels 1-6)
• land acquisition and goodwill
• salary bonuses and dividend payments
• refinancing of existing debts
• amortization or depreciation of assets
• lobbying activities
• entertainment expenses
• donations, dues, and membership fees

💳Payment ModelSource

reimbursement

⏪Retroactive Expenses EligibleSource

Yes

🤝Is Matching Funding Required?

🔀Matching RequiredSource

Yes

📊Matching RatioSource

50%

🏦Eligible Matching SourcesSource

• cash
• in-kind

📚Stacking RulesSource

Other government assistance may require PrairiesCan to reduce its funding to maintain the level of government assistance at 50%.

🛡️Proof of Matching RequiredSource

confirmation of other funding sources such as bank statements, funding agreements, signed term sheets

📊What Are the Reporting Requirements?

🗓️Reporting FrequencySource

annual

📑Reporting RequirementsSource

• number of highly qualified personnel (HQP) jobs created in Canada
• number of non-HQP jobs created in Canada
• revenue growth ($)
• export sales growth ($)
• incremental private sector investment attracted ($)
• number of technologies to market
• business sales growth resulting from commercialization or adoption ($)

🔍Audit RequirementsSource

PrairiesCan will conduct a credit check (e.g. Equifax)

📢Branding RequirementsSource

Applicants are encouraged to report on efforts to support inclusiveness.

🗄️Record Retention PeriodSource

7 years