Feds investing in production of affordable housing in Hamilton and Mississauga
Published July 20, 2021 at 5:38 pm
The government of Canada has announced it’s investing $5 million to provide affordable housing to more than 320 families in Ontario.
As part of the investment, the government will be funding the construction of more than 30,000 affordable housing units for Canadians, including 95 new rental units in Hamilton, and 68 in Mississauga.
All units will be built with an energy-efficient passive housing design, which will result in significant reductions in the energy consumption and pollution of the buildings.
Additionally, this will lower operating costs for building operators, which will increase affordability for tenants.
“As we finish the fight against COVID-19, finding an affordable place to live remains a challenge for many Canadians in communities across the country. Today’s announcement is great news for families in Ontario, and we will continue to help all Canadians find safe, affordable housing,” Prime Minister Justin Trudeau said in a news release.
“Thanks to smart investments like these, we will grow our middle class, fight climate change, and build back better for all Canadians,” he continued.insauga's Editorial Standards and Policies