FINANCIAL_SERVICESONGOING

CMHC Progress Payments Under Housing Accelerator Fund

Canada Mortgage and Housing Corporation is releasing four equal progress-based Housing Accelerator Fund installments to Surrey, with three installments already received and a final payment anticipated in early 2027. Payments are tied to Action Plan implementation and achieving housing growth targets between December 2023 and December 2026.

Status
ONGOING
Document date
July 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Canada Mortgage & Housing Corporation
Agency
City of Surrey · Canada

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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Initial 25% payment $23.9M; second and third installments $23.9M and $25.6M respectively; anticipated fourth installment $25.6M (earlier report references $23.9M)
Contract type
FINANCIAL_SERVICES
Contract term
Progress payments from Dec 2023 through early 2027, covering Dec 2023–Dec 2026 performance
Renewal date
2027-03-31
Renewal
Payments continue subject to successful annual reporting and achievement of housing growth targets. No automatic renewal beyond the four-installment schedule.
Document type
Report
Source document
City of Surrey Corporate Report 2.5 Year Progress Update on the Housing Accelerator Fund 2026-07-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Surrey?

Canada Mortgage & Housing Corporation was awarded this financial services contract by City of Surrey, as recorded on July 13, 2026. The contract value is Initial 25% payment $23.9M; second and third installments $23.9M and $25.6M respectively; anticipated fourth installment $25.6M (earlier report references $23.9M).

How much is the Canada Mortgage & Housing Corporation contract with City of Surrey worth?

The Canada Mortgage & Housing Corporation contract with City of Surrey is valued at Initial 25% payment $23.9M; second and third installments $23.9M and $25.6M respectively; anticipated fourth installment $25.6M (earlier report references $23.9M), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in City of Surrey Corporate Report 2.5 Year Progress Update on the Housing Accelerator Fund 2026-07-13 (Report), dated July 13, 2026 from City of Surrey. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Canada Mortgage & Housing Corporation hold?

Canada Mortgage & Housing Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Canada Mortgage & Housing Corporation's profile

What is City of Surrey currently buying?

Explore City of Surrey's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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