Today, the Honourable Gregor Robertson, Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development Canada, announced that, following an open call for applications, the Canadian Housing Acquisition Fund (CHAF) has been selected as the successful applicant to deploy investments from the $1.5 billion CRPF. CHAF will leverage the CRPF to help community housing providers acquire and renew existing affordable rental housing. CHAF will also attract additional funding from charitable organizations, private investors and government, while allowing repaid funds to be reinvested in future acquisitions to protect more affordable homes across the country.