OTTAWA, ON, February 6, 2018 — More families, seniors, chronically homeless men and women, and people living with disabilities will now have a place to call home in Ottawa. The federal, provincial and municipal governments are investing over $74 million to create more than 675 affordable housing units.
The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), along with the Honourable Peter Milczyn, Ontario’s Minister of Housing and Minister Responsible for the Poverty Reduction Strategy, made the announcement today. Jim Watson, Mayor of the City of Ottawa, also participated in the event.
The announcement took place at an official opening for a new affordable housing development at 455 Via Verona Avenue in Ottawa, built in partnership with the Multifaith Housing Initiative. The development will provide 98 affordable apartments, including 10 accessible units.
- The governments of Canada and Ontario jointly contributed over $54 million through the Investment in Affordable Housing (IAH) Agreement.
- The City of Ottawa also contributed more than $20 million to these projects.
- Canada's first ever National Housing Strategy is a 10-year, $40-billion plan that will give more Canadians a place to call home. Under the National Housing Strategy, the federal government will recognize and progressively implement every Canadian's right to access housing that meets their needs and that they can afford.