Federal Govt. Investing $75M for Affordable Housing Units in Ontario

Headline Politics

Federal Govt. Investing $75M for Affordable Housing Units in Ontario

In a virtual news conference, Ahmed Hussen, the minister of families, children and social development, and minister responsible for the Canada Mortgage and Housing Corporation (CMHC), announces federal funding of nearly $75.2 million to build 301 permanent affordable housing units across Ontario. He is joined by his parliamentary secretary Adam Vaughan. The funding is being made through the projects stream of the federal government’s Rapid Housing Initiative. The units will support those in precarious housing situations and those who are homeless or at risk of becoming homeless. Over half of the units will be reserved for Indigenous peoples, while one third of units are for women and children. The federal housing initiative was created in October 2020 to address the housing needs of the most vulnerable Canadians. (April 1, 2021) (no interpretation)