Feds Investing $105.5M to Build 260 Affordable, Supportive Homes in Toronto

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Under the cityoftoronto's RapidHousingInitiative, homes are intended to be built within 12 months of applicants receiving funding. HonAhmedHussen realestatenews Toronto

on Friday plans for seven new affordable and supportive housing developments that will bring a combined total of 260 homes to the city.

Thew new homes, which come as a joint effort between the City and the federal government, are part of Canada’s, and will be built quickly to help Toronto reach its goal of approving 18,000 supportive homes by 2030. “I am committed to getting more housing built,” Tory said. “These seven projects announced today demonstrate how our governments and community partners are working together to get more housing built as soon as possible. Supporting Indigenous-led housing projects and creating new supportive and affordable homes is an important part of the affordable housing strategy in our HousingTO 2020-2030 Action Plan and I look forward to seeing these projects get up and running.

Everyone deserves a safe and affordable place to call home – especially the most vulnerable in our communities.

 

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