Canada and Ontario sign affordable housing program agreement - Shelter - Brief Article

Community Action, June 17, 2002

OTTAWA -- The Governments of Canada and Ontario signed an Affordable Housing Program Agreement which will provide $489.42 million over the next five years to help increase the supply of affordable housing in the province.

Federal funding of $244.71 million, together with matching contributions from the Province of Ontario, municipalities and other private and nonprofit groups will help create an estimated 10,500 units in Ontario during the next five years with municipalities, private developers and the nonprofit sector.

The program aims to create more housing for seniors and others in need for a guaranteed length of time.

416-585-7210