The Fund enables First Nations to guarantee financing for a new home, to renovate and modernize an existing home, or create other market-based housing solutions for citizens on reserve and on settlement lands. As of October 5, 2017, 232 First Nations have chosen to work with the Fund. Credit has been approved for close to $925 million in 108 First Nations communities that could see some 6,300 home loans.

Federal government made a one-time investment of $300M.