Prime Minister Justin Trudeau announced Tuesday that the federal government will create 17,000 new homes through additional funding for projects including the federal government’s Affordable Housing Innovation Fund rental program and the launch of the third phase of the Rapid Housing Initiative. Trudeau’s announcement included funding for three projects totaling $2 billion to create thousands of new units, many of which will be designated affordable units. The $2 billion includes previously announced funding from the last two federal budgets. Of the three projects, two fall under the Affordable Housing Innovation Fund, which was launched in 2016 in an effort to create more affordable housing by working with private sector groups, nonprofits, community housing groups, Indigenous communities and various levels of government. “We know we have to create supply and find innovative solutions,” Trudeau said. Speaking in Kitchener, Ont. with Housing and Diversity and Inclusion Minister Ahmed Hussen., Trudeau said the federal government plans to build 10,800 new homes — 6,000 of which will be designated affordable units — as part of the Affordable Housing Innovation Fund. Meanwhile, applications for the fund’s five-year rent-to-own initiative are now open. The project will allow housing providers “interested in developing, testing and scaling up innovative rent-to-own models and projects” to apply for government funding. In addition, Trudeau announced the third phase of the federal government’s Rapid Housing Initiative to create 4,500 affordable housing units, in part dedicated to women and those at risk of homelessness. The Rapid Housing initiative was created in 2020 in part in response to the increased need to house people during the COVID-19 pandemic, Trudeau said. The initiative was designed to facilitate faster construction and conversion of existing sites into housing, while specifically targeting the needs of vulnerable populations. The prime minister said the scheme had “exceeded expectations” and its first two phases had delivered more units than originally promised. “Addressing housing affordability is a complex problem and there is no single silver bullet,” Trudeau said. “The fact is that simplistic solutions are simply not going to solve the problem. But announcements like today’s move us all forward and give more people a place to call home and a real and fair chance at success.” Trudeau also said it’s up to all levels of government to “step up” and find creative solutions, and the responsibility for building affordable housing doesn’t rest solely on the shoulders of the federal government. “We need all orders from the government to speed up and find ways to build projects,” he said. “We want to be your partner in finding ways to remove barriers, accelerate projects and unlock supply.” NDP housing critic Jenny Kwan wrote in a statement Tuesday that the initiatives Trudeau announced were the result of the Liberal-NDP supply and confidence agreement and called on the federal government to do more to help make housing affordable. “This means we are pushing to reverse the Liberal and Conservative cuts by restoring the Canada Mortgage and Housing Corporation’s role in building social and co-operative housing,” Kwan wrote. “We will continue to fight for meaningful investment that addresses the urgent homelessness crisis in communities struggling with encampments. It also means pushing the Liberals to deliver immediate relief to tenants who need it and cracking down on investors who treat housing like a stock market rather than a human right.”
title: “Affordable Housing Trudeau Announces More Funding Klmat” ShowToc: true date: “2022-10-30” author: “Lena Harvey”
Prime Minister Justin Trudeau announced Tuesday that the federal government will create 17,000 new homes through additional funding for projects including the federal government’s Affordable Housing Innovation Fund rental program and the launch of the third phase of the Rapid Housing Initiative. Trudeau’s announcement included funding for three projects totaling $2 billion to create thousands of new units, many of which will be designated affordable units. The $2 billion includes previously announced funding from the last two federal budgets. Of the three projects, two fall under the Affordable Housing Innovation Fund, which was launched in 2016 in an effort to create more affordable housing by working with private sector groups, nonprofits, community housing groups, Indigenous communities and various levels of government. “We know we have to create supply and find innovative solutions,” Trudeau said. Speaking in Kitchener, Ont. with Housing and Diversity and Inclusion Minister Ahmed Hussen., Trudeau said the federal government plans to build 10,800 new homes — 6,000 of which will be designated affordable units — as part of the Affordable Housing Innovation Fund. Meanwhile, applications for the fund’s five-year rent-to-own initiative are now open. The project will allow housing providers “interested in developing, testing and scaling up innovative rent-to-own models and projects” to apply for government funding. In addition, Trudeau announced the third phase of the federal government’s Rapid Housing Initiative to create 4,500 affordable housing units, in part dedicated to women and those at risk of homelessness. The Rapid Housing initiative was created in 2020 in part in response to the increased need to house people during the COVID-19 pandemic, Trudeau said. The initiative was designed to facilitate faster construction and conversion of existing sites into housing, while specifically targeting the needs of vulnerable populations. The prime minister said the scheme had “exceeded expectations” and its first two phases had delivered more units than originally promised. “Addressing housing affordability is a complex problem and there is no single silver bullet,” Trudeau said. “The fact is that simplistic solutions are simply not going to solve the problem. But announcements like today’s move us all forward and give more people a place to call home and a real and fair chance at success.” Trudeau also said it’s up to all levels of government to “step up” and find creative solutions, and the responsibility for building affordable housing doesn’t rest solely on the shoulders of the federal government. “We need all orders from the government to speed up and find ways to build projects,” he said. “We want to be your partner in finding ways to remove barriers, accelerate projects and unlock supply.” NDP housing critic Jenny Kwan wrote in a statement Tuesday that the initiatives Trudeau announced were the result of the Liberal-NDP supply and confidence agreement and called on the federal government to do more to help make housing affordable. “This means we are pushing to reverse the Liberal and Conservative cuts by restoring the Canada Mortgage and Housing Corporation’s role in building social and co-operative housing,” Kwan wrote. “We will continue to fight for meaningful investment that addresses the urgent homelessness crisis in communities struggling with encampments. It also means pushing the Liberals to deliver immediate relief to tenants who need it and cracking down on investors who treat housing like a stock market rather than a human right.”
title: “Affordable Housing Trudeau Announces More Funding Klmat” ShowToc: true date: “2022-11-06” author: “Loretta West”
Prime Minister Justin Trudeau announced Tuesday that the federal government will create 17,000 new homes through additional funding for projects including the federal government’s Affordable Housing Innovation Fund rental program and the launch of the third phase of the Rapid Housing Initiative. Trudeau’s announcement included funding for three projects totaling $2 billion to create thousands of new units, many of which will be designated affordable units. The $2 billion includes previously announced funding from the last two federal budgets. Of the three projects, two fall under the Affordable Housing Innovation Fund, which was launched in 2016 in an effort to create more affordable housing by working with private sector groups, nonprofits, community housing groups, Indigenous communities and various levels of government. “We know we have to create supply and find innovative solutions,” Trudeau said. Speaking in Kitchener, Ont. with Housing and Diversity and Inclusion Minister Ahmed Hussen., Trudeau said the federal government plans to build 10,800 new homes — 6,000 of which will be designated affordable units — as part of the Affordable Housing Innovation Fund. Meanwhile, applications for the fund’s five-year rent-to-own initiative are now open. The project will allow housing providers “interested in developing, testing and scaling up innovative rent-to-own models and projects” to apply for government funding. In addition, Trudeau announced the third phase of the federal government’s Rapid Housing Initiative to create 4,500 affordable housing units, in part dedicated to women and those at risk of homelessness. The Rapid Housing initiative was created in 2020 in part in response to the increased need to house people during the COVID-19 pandemic, Trudeau said. The initiative was designed to facilitate faster construction and conversion of existing sites into housing, while specifically targeting the needs of vulnerable populations. The prime minister said the scheme had “exceeded expectations” and its first two phases had delivered more units than originally promised. “Addressing housing affordability is a complex problem and there is no single silver bullet,” Trudeau said. “The fact is that simplistic solutions are simply not going to solve the problem. But announcements like today’s move us all forward and give more people a place to call home and a real and fair chance at success.” Trudeau also said it’s up to all levels of government to “step up” and find creative solutions, and the responsibility for building affordable housing doesn’t rest solely on the shoulders of the federal government. “We need all orders from the government to speed up and find ways to build projects,” he said. “We want to be your partner in finding ways to remove barriers, accelerate projects and unlock supply.” NDP housing critic Jenny Kwan wrote in a statement Tuesday that the initiatives Trudeau announced were the result of the Liberal-NDP supply and confidence agreement and called on the federal government to do more to help make housing affordable. “This means we are pushing to reverse the Liberal and Conservative cuts by restoring the Canada Mortgage and Housing Corporation’s role in building social and co-operative housing,” Kwan wrote. “We will continue to fight for meaningful investment that addresses the urgent homelessness crisis in communities struggling with encampments. It also means pushing the Liberals to deliver immediate relief to tenants who need it and cracking down on investors who treat housing like a stock market rather than a human right.”
title: “Affordable Housing Trudeau Announces More Funding Klmat” ShowToc: true date: “2022-11-19” author: “Roderick Talerico”
Prime Minister Justin Trudeau announced Tuesday that the federal government will create 17,000 new homes through additional funding for projects including the federal government’s Affordable Housing Innovation Fund rental program and the launch of the third phase of the Rapid Housing Initiative. Trudeau’s announcement included funding for three projects totaling $2 billion to create thousands of new units, many of which will be designated affordable units. The $2 billion includes previously announced funding from the last two federal budgets. Of the three projects, two fall under the Affordable Housing Innovation Fund, which was launched in 2016 in an effort to create more affordable housing by working with private sector groups, nonprofits, community housing groups, Indigenous communities and various levels of government. “We know we have to create supply and find innovative solutions,” Trudeau said. Speaking in Kitchener, Ont. with Housing and Diversity and Inclusion Minister Ahmed Hussen., Trudeau said the federal government plans to build 10,800 new homes — 6,000 of which will be designated affordable units — as part of the Affordable Housing Innovation Fund. Meanwhile, applications for the fund’s five-year rent-to-own initiative are now open. The project will allow housing providers “interested in developing, testing and scaling up innovative rent-to-own models and projects” to apply for government funding. In addition, Trudeau announced the third phase of the federal government’s Rapid Housing Initiative to create 4,500 affordable housing units, in part dedicated to women and those at risk of homelessness. The Rapid Housing initiative was created in 2020 in part in response to the increased need to house people during the COVID-19 pandemic, Trudeau said. The initiative was designed to facilitate faster construction and conversion of existing sites into housing, while specifically targeting the needs of vulnerable populations. The prime minister said the scheme had “exceeded expectations” and its first two phases had delivered more units than originally promised. “Addressing housing affordability is a complex problem and there is no single silver bullet,” Trudeau said. “The fact is that simplistic solutions are simply not going to solve the problem. But announcements like today’s move us all forward and give more people a place to call home and a real and fair chance at success.” Trudeau also said it’s up to all levels of government to “step up” and find creative solutions, and the responsibility for building affordable housing doesn’t rest solely on the shoulders of the federal government. “We need all orders from the government to speed up and find ways to build projects,” he said. “We want to be your partner in finding ways to remove barriers, accelerate projects and unlock supply.” NDP housing critic Jenny Kwan wrote in a statement Tuesday that the initiatives Trudeau announced were the result of the Liberal-NDP supply and confidence agreement and called on the federal government to do more to help make housing affordable. “This means we are pushing to reverse the Liberal and Conservative cuts by restoring the Canada Mortgage and Housing Corporation’s role in building social and co-operative housing,” Kwan wrote. “We will continue to fight for meaningful investment that addresses the urgent homelessness crisis in communities struggling with encampments. It also means pushing the Liberals to deliver immediate relief to tenants who need it and cracking down on investors who treat housing like a stock market rather than a human right.”
