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New federal entity to prioritize Canadian-made, affordable housing projects
ONTARIO, CANADA, AUG 11 – The federal government plans to invest $6 billion in affordable housing projects using Canadian materials and innovative financing to improve the homebuilding industry.
- A new federal entity called Build Canada Homes will prioritize Canadian-made, affordable housing projects.
- Build Canada Homes aims to accelerate the conversion of federal lands into housing and use cost-effective construction methods.
- The entity will explore financial tools like loans and investments to support affordable housing by organizations like co-ops and non-profits.
35 Articles
35 Articles
Winnipeg Free Press
New federal entity to prioritize Canadian-made, affordable housing projects
Breaking News, Sports, Manitoba, Canada
OTTAWA—The federal government states that the "Houses Canada" program, aimed at stimulating massive housing construction, should fund projects that focus on affordable housing and use materials manufactured in Canada. A paper released on Monday by the Department of Habitation of Canada states that "Houses Canada" also aims to accelerate the conversion of federal land into housing and to favour the use of materials and manufacturing and construct…
Carney promises new Canadian-made, affordable housing project priority program
Prime Minister Mark Carney’s promised new entity to spur massive amounts of housing construction will prioritize the building of affordable housing and the use of Canadian materials, says a consultation document published by the government on Monday. The document shared by Canada’s housing department says Build Canada Homes is also intended to accelerate the speed at which federal lands are converted to housing, and to stress the use of material…
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