FINANCIAL_SERVICESAPPROVED

City of Surrey Awards Financial Services Contract to Canada Mortgage & Housing Corporation (July 2026)

Canada Mortgage and Housing Corporation approved and expanded a Housing Accelerator Fund grant to the City of Surrey, now totaling $100.7 million, to accelerate housing supply and support related infrastructure and process improvements. The three-year agreement runs through December 2026, with funds spendable through December 2027, contingent on annual reporting and achievement of housing growth targets.

Status
APPROVED
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
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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
$95.6 million (initial approval), increased to $100.7 million total HAF grant funding
Contract type
FINANCIAL_SERVICES
Contract term
Three-year program through December 2026; City may spend funds through December 2027
Renewal date
2027-12-31
Renewal
Four equal progress-based installments; initial 25% on grant agreement execution, 50% tied to Action Plan implementation, and final 25% tied to meeting housing growth targets. No explicit renewal beyond December 2027 spending deadline.
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 $95.6 million (initial approval), increased to $100.7 million total HAF grant funding.

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 $95.6 million (initial approval), increased to $100.7 million total HAF grant funding, 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.

View City of Surrey's profile

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