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Canada Supports Rapid Housing Projects in Ottawa

OTTAWA, ON, July 16, 2021 /CNW/ - Every Canadian deserves a safe and affordable place to call home. However, the COVID-19 pandemic has increased the need for affordable housing and led to rising levels of homelessness. The Government of Canada created a national strategy to build hundreds of thousands of units and provide affordable housing to people across the country. By continuing to make investments in affordable housing, the government is building stronger communities, creating jobs, and growing our middle class, while fighting homelessness and helping vulnerable Canadians.
Canada Supports Rapid Housing Projects in Ottawa
The Honourable Ahmed Hussen, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), along with The Honourable Catherine McKenna, Member of Parliament for Ottawa Centre, and Jim Watson, Mayor of Ottawa, today announcedA $22.4 million to create an estimated 58 new affordable homes for individuals and families in Ottawa through the Cities Stream under expanded Rapid Housing Initiative (RHI). These housing units will support Canadians who are in uncertain housing situations, experiencing or at risk of homelessness, or living in temporary shelters because of the pandemic.This is in addition to the Government of Canada's previous investment of $31.9 million through the first phase of the Rapid Housing Initiative to support the creation of 109 housing units in Ottawa.In its initial round, with funding of $1 billion announced in October 2020, the RHI exceeded its original target of 3,000 permanent affordable housing units and achieved 4,700 units nationally. Due to this success, an additional $1.5 billion for the Rapid Housing Initiative (RHI) was recently announced to create 4,500 new units of permanent affordable housing across the country. Thanks to this expansion, this initiative will now create over 9,200 affordable homes for the most vulnerable Canadians across the country.
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