Feds grant $25 million to build 500 new affordable homes across Canada
Published March 3, 2023 at 1:12 pm
Affordable housing construction just got a boost from the Canadian government.
The federal government is extending a partnership with Habitat for Humanity Canada and providing $25 million to build 500 new affordable homes across Canada over the next three years, Ahmed Hussen, Minister of Housing and Diversity and Inclusion, said in a press conference in Mississauga today (March 3).
“Having a home gives people a sense of belonging, it provides them with the conditions to have a stable, prosperous life,” said Hussen.
The federal government has worked with Habitat for Humanity over the last three years, Hussen added. In that time, $55.8 million supported the creation of 617 affordable housing units across Canada.
The previous funding included $32.4 million to create 417 homes in 2019, a top-up fund of $3.4 million in 2020, and a $20 million fund to support equitable access to homeownership for Black Canadian families announced in 2020.
Habitat offers people a path to homeownership and stability, Hussen said.
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“Every family in Canada deserves a place they can call their own,” he said.
All of society benefits when everyone has a safe and decent place to live, said Julia Deans, president and chief executive officer, Habitat for Humanity Canada.
Deans thanked the federal government for their support.
“Tackling the housing crisis needs an all-in approach that includes non-profits and governments working together,” Deans said.
The funds will support housing close to home.
Last year, Habitat for Humanity completed four units at the Bristow-Law Build Project at 3073 Merritt St., Mississauga. And Habitat Halton Mississauga Dufferin worked in partnership with The Chippewas of Nawash and Habitat Grey Bruce, to establish affordable housing options for Indigenous community members including tiny homes.
The federal grants come from the National Housing Co-Investment Fund, a key component of the National Housing Strategy. The fund prioritizes projects for people who need it most, including women and children fleeing family violence, seniors, Indigenous peoples, people living with disabilities, those with mental health or addiction issues, veterans, and young adults.
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