The Government of Canada is making historic investments to support the construction of affordable housing through the National Housing Strategy.
Last week, I was honoured to join the Honourable Helena Jaczek in announcing $26.4 million in funding to build 141 homes in York Region on behalf of the Honourable Sean Fraser, Minister of Housing, Infrastructure, and Communities.
This funding is being allocated between two projects, the Whitchurch-Stouffville Community Housing Development Project and Inn From the Cold’s Transitional Housing project in Newmarket.
Inn From the Cold is receiving $7.4 million through the Rapid Housing Initiative (RHI) to help build a 3-story building with 44 beds for emergency and transitional housing at 17046 Yonge Street in Newmarket. This space would also include administrative spaces to provide full-time support services, as well as shared programing and amenity space for residents.
The Whitchurch-Stouffville Community Housing Development project is receiving $11.4 million through the RHI and $7.4 million through the National Housing -Co-Investment Fund. This project will offer one, two, and three-bedroom units designed to serve Canadians from a range of economic background and is expected to be completed by summer 2024.
Thanks to the National Housing Strategy, vulnerable communities in my riding and across York Region will now have access to affordable housing.