Ottawa — The Minister of Indigenous Services, Patty Hajdu, and the Minister for Canada Mortgage and Housing Corporation, Sean Fraser, Minister of Housing, Infrastructure and Communities, issued the following statement today: “Having a safe home is essential to supporting First Nations in building the lives they want for themselves, their families, and their communities. We know that there is more …
Partners for ONntario’s affordable housing projects announced
Toronto – The City of Toronto and CreateTO announced Civic Developments, Windmill Developments and Co-operative Housing Federation of Toronto as the development partners for a new housing project at 2444 Eglinton Ave. E. This housing project will deliver approximately 918 homes including 612 rent-geared-to-income (RGI), affordable and market rent-controlled co-operative homes, making it one of the largest affordable housing projects …
Funding announced for first Toronto-led public builder site
Toronto – Mayor Olivia Chow was joined by Arif Virani, Minister of Justice, Attorney General of Canada and Member of Parliament for Parkdale-High Park and Councillor Gord Perks (Parkdale-High Park), Chair of the Planning and Housing Committee, to announce funding for 40 new rent-geared-to-income and supportive homes at 11 Brock Ave. The new homes have been made possible through a …
Rapid Housing Initiative funding for supportive homes at 165 Elm Ridge Dr
Toronto – Deputy Mayor Mike Colle (Eglinton-Lawrence), alongside Marco Mendicino, Member of Parliament for Eglinton-Lawrence and Bryan Keshen, Chief Executive Officer of Reena, announced new funding for 106 new rent-geared-to-income and supportive homes at 165 Elm Ridge Dr. as part of Phase 3 of the federal Rapid Housing Initiative (RHI). RHI is a capital funding program that helps create new …
Toronto receives federal funding to create 43 new affordable homes
Toronto – Mayor Chow joined Marci Ien, Minister for Women and Gender Equality and Youth, to announce a funding allocation for 43 deeply affordable supportive homes as part of the third phase of the federal Rapid Housing Initiative (RHI), a capital funding program that helps create new affordable and supportive rental housing for people experiencing or at risk of homelessness. …
Unlocking $20b in new financing to build 30,000 more apartments per year
Canada Mortgage Bonds increase designated to new rental housing construction Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that the annual limit for Canada Mortgage Bonds is being increased from $40 billion to up to $60 billion. This change is the next step in the government’s plan to build more homes, faster, and will unlock low-cost …