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The Government of Canada has introduced the Regional Homebuilding Innovation Initiative (RHII), a $50 million investment aimed at fast-tracking affordable housing in Atlantic Canada. Led by the Atlantic Canada Opportunities Agency (ACOA), the initiative focuses on adopting innovative construction methods to meet the region’s growing demand for housing.
Innovative Approaches to Building
The RHII promotes advanced building methods such as:
- 3D-printed homes: Using large-scale 3D printers, walls or entire structures are created quickly with materials like concrete, cutting down on construction time and labor.
- Modular homes: Built in sections off-site, these “modules” are transported and assembled on-site, reducing time and waste while maintaining quality.
- Mass timber construction: Engineered wood replaces traditional materials like steel, creating a strong, renewable alternative with lower environmental impact.
By supporting these technologies, the RHII aims to reduce construction time and costs, making housing more affordable and sustainable.
Strengthening Local Business and Economy
With $50 million allocated over two years, ACOA invites Atlantic Canadian businesses to apply for funding to expand manufacturing, adopt new tech, and strengthen supply chains. “This initiative will build homes in a matter of weeks, not months,” said Minister Gudie Hutchings.
As part of Canada’s Housing Plan, the RHII seeks to address the housing shortage by enabling rapid, scalable homebuilding solutions across Atlantic Canada. Interested businesses can apply through ACOA’s website.