Trudeau in Guelph to announce $4 billion Housing Accelerator Fund | 24CA News
Prime Minister Justin Trudeau was in Guelph, Ont. to announce a program that goals to construct extra properties in Canada.
He together with Housing Minister Ahmed Hussen launched the $4 billion Housing Accelerator Fund.
In a news launch, the funding will assist cities, cities and Indigenous communities unlock new housing provide by dashing up growth and approvals.
They go on to say native governments are actually invited to develop revolutionary motion plans, consistent with the versatile standards, to take away limitations to constructing extra properties, sooner.
“Our goal is to fast track the creation of 100,000 new homes and units across Canada,” Trudeau mentioned. “It’s part of our plan to double the construction of homes with the next decade.”
Guelph MP Lloyd Longfield and Guelph Mayor Cam Guthrie have been additionally there for the announcement on Friday which was made at Grace Gardens, a supportive housing mission that’s presently underneath development.
Longfield mentioned on Twitter that, “This announcement builds on the $51,579,578.00 we’ve already invested in Guelph to build 255 new housing units since 2015.”
Guthrie, for one, has been maybe the most important voice on the housing disaster that’s dealing with not solely Guelph, however different cities and cities in Ontario.
“Leaders have been pleading for true partnerships with upper levels of government on the housing crisis,” mentioned Guthrie. “This announcement is phenomenal.”
Guthrie added that to have the Prime Minister come to Guelph to make the announcement speaks to the elevated conversations which might be being made about housing within the metropolis.
The utility portal for the Housing Accelerator Fund (HAF) will open in June. Trudeau says each municipality and group is inspired to use for the fund and motion plans can be accepted as soon as the applying portal opens.
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