FEDERAL GOVERNMENT ASSITING WITH MORE HOUSING! WILL IT HELP?

Wednesday Jan 19th, 2022

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A new multi-million-dollar tranche from the federal government will support the rapid development of new housing supply for a highly contested Ontario market.

Federal and provincial officials have announced a $7.1 million investment in the development of 74 new affordable homes across two housing projects in the Waterloo Region. Of this sum, $4.5 million will come through the Major Cities Stream under the expanded Rapid Housing Initiative, while $2.6 million will be provided through Reaching Home: Canada’s Homelessness Strategy program. # SANDI HALPERN # SOLD # LEASED # FEDERAL GOVERNMENT # NEW HOUSING

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