TORONTO, April 30, 2018 /CNW/ – A new milestone under the National Housing Strategy (NHS) has been reached. Families and vulnerable Canadians in need of an affordable place to call home can count on long-term funding for community housing in Ontario.
The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), along with the Honourable Peter Milczyn, Ontario’s Minister of Housing and Minister Responsible for the Poverty Reduction Strategy, today announced they have reached a bilateral agreement under the NHS. This agreement, which will be cost-shared by the governments of Canada and Ontario, demonstrates a shared commitment to prioritizing affordable housing.
The 10-year agreement will invest more than $4.2 billion to protect, renew and expand social and community housing, and support Ontario’s priorities related to housing repair, construction, and affordability. The governments of Canada and Ontario will also work together on the design and implementation of a new Canada Housing Benefit in Ontario. This new agreement marks the beginning of a partnership that will be supported by long-term and predictable funding starting April 1, 2019.
This is a first-of-its kind progressive housing agreement that commits both governments to new and higher standards of transparency, public engagement, and housing quality, including improved energy efficiency and accessibility. The agreement also acknowledges the importance of prioritizing those most in need, the federal rights-based approach to housing, and applying gender-based analysis to investments.
“The Government of Canada is proud to sign its first bilateral agreement under the National Housing Strategy which will help thousands of Ontarian families who are still waiting for an affordable place to call home. Long-term, predictable funding for housing has been needed for more than a decade. Together, we will build strong communities where Canadians can prosper and thrive, now and for the future.” – Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation
“Signing this bilateral agreement is a major step in a journey that our governments have been taking in partnership – one that meets Ontario’s unique needs and circumstances. I’m proud to say that this agreement builds upon our common vision of housing, where everyone in Ontario has a safe and affordable place to call home.” – Peter Milczyn, Ontario’s Minister of Housing and Minister Responsible for the Poverty Reduction Strategy