Canada supports affordable housing in York Region Francais

Newswire.ca
Nov. 6, 2023

The Government of Canada and The Regional Municipality of York announced funding to support the construction of 141 homes in York Region.

The federal government is providing over $26.4 million in funding through the National Housing Co-Investment Fund (NHCF) and the third round of the Rapid Housing Initiative (RHI), and The Regional Municipality of York is providing over $16 million to the projects.

Additionally, the federal and provincial governments previously invested over $11 million through the Investment in Affordable Housing Extension (IAH-E) and the Ontario Priorities Housing Initiative (OPHI), an initiative of the Canada – Ontario Bilateral Agreement under the National Housing Strategy.

The announcement took place at 5676 Main Street, where York Region is building the Whitchurch-Stouffville Community Housing Development project that will offer one, two, and three-bedroom units designed to serve Canadians from a range of economic backgrounds, including women and their children, families, seniors, and those living alone. The project, which is expected to be completed by Summer 2024, will be the only family-focused affordable housing building in the town and seeks to fill a significant gap for rental homes in the community.

This project received $11.4 million in federal funding through the third round of the Rapid Housing Initiative (RHI3), $7.5 million through the National Housing Co-Investment Fund (NHCF), over $13 million through the Investment in Affordable Housing Extension (IAH-E) and the Ontario Priorities Housing Initiative (OPHI), including $2 million in administrative funding, and over $16 million in capital investment from The Regional Municipality of York.

Located at 17046 Yonge Street in Newmarket, the second project, Inn from the Cold Transitional Housing is a 3-storey building with 44 beds for both emergency and transitional housing, providing housing for those most vulnerable in the community. The project would also include administrative spaces to provide full-time support services, as well as shared programming and amenity space for residents. This project is supported by federal funding, including $7.4 million through the third round of the Rapid Housing Initiative (RHI3) and $150,000 in SEED funding. Construction of the project is expected to be complete by Fall 2024.

Quotes:
"Our government is actively investing in affordable housing through the National Housing Strategy, creating 141 new homes in York Region for individuals and families facing housing insecurity. This initiative will improve lives and benefit the wider community, demonstrating our commitment to addressing housing challenges across the country." – The Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities

"Investing in housing makes a significant difference in the lives of Canadians and their communities. Housing is a foundation for Canadians to build better lives for themselves. These types of investments will bring about positive change in communities across Canada, including right here in Whitchurch-Stouffville." – The Honourable Helena Jaczek, Member of Parliament for MarkhamStouffville

"I'm proud of our government's contribution to these projects, which will add 141 new units to York Region's housing stock. Thanks to the National Housing Strategy, more vulnerable communities in my riding and across the region will now have access to affordable housing that will help them get back on their feet, leading to better community engagement and cohesion, financial security, and stability." – Tony Van Bynen, Member of Parliament for Newmarket-Aurora

"When it comes to building more homes, especially affordable homes, we need to continue to work together across all levels of government. We all have a role to play in ensuring everyone in Ontario has a home that meets their needs and budget. This project is a great example of partners stepping up and will offer more families the choice to make Stouffville their home."    – The Honourable Paul Calandra, Ontario's Minister of Municipal Affairs and Housing

"York Regional Council is committed to building complete, inclusive communities with a full range of housing options and services to support residents at all ages and stages of their lives. On behalf of Regional Council and more than 1.2 million residents who call our communities home, thank you to federal and provincial governments for investing in our communities to provide access to safe, affordable and sustainable housing solutions." – Wayne Emmerson, Chairman and CEO, The Regional Municipality of York

"If we are to overcome the affordability challenges we face today, we must provide a range of housing options. Increasing the supply of housing alone will not address the needs of the most vulnerable in our communities. Transitional housing units, like those Inn From the Cold will build in Newmarket, are an effective way of getting people back into stable housing and an integral part of how we will tackle homelessness." – John Taylor, Mayor of Newmarket and Chair, Housing York

"Addressing housing affordability requires innovation solutions, collective action and the support of all levels of government. Providing affordable housing options in downtown Stouffville is an excellent example of how all levels of government can come together to make a positive impact on our residents. The Town of Whitchurch-Stouffville extends thanks to our federal, provincial and local municipal partners for their investment and continued support of housing options in our communities." – Iain Lovatt, Mayor of Whitchurch-Stouffville and Vice-Chair, Housing York