Provincial, Federal Government Announce $640 million for Affordable Housing

Yesterday the federal and provincial government’s announced $640 million of new money for affordable housing in Ontario. Though details on how the money will be allocated are not yet available, newly appointed Ontario Minister of Housing Chris Ballard said that the federal government is leaving those decisions to the province:

“We’re looking at working closely with municipal partners and service providers…We’re looking at badly needed maintenance on old stock, new stock and facilities for women and families facing domestic abuse. So there is a wide range on how it can be spent.”

Of the total, $168 million is provincial funding, and $473 comes from the province.

For more:

Government of Ontario: Social Infrastructure Spending Strengthens Communities and Grows the Economy in Ontario

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s