Prime Minister Mark Carney will launch Build Canada Homes on Sunday, a new government agency tasked with getting more affordable housing built, and will announce an initial list of six cities where projects will be developed on public lands.
A senior government official told The Globe and Mail that the announcement will include four investments and initiatives, including one focused on developing housing on public lands. The official said the first tranche of sites for these developments will be located in Dartmouth, N.S., Longueil, Que., Ottawa, Toronto, Winnipeg and Edmonton.
So the Feds are going to sell homes built on public lands to individuals?“Build Canada Homes will partner with builders and housing providers that are focused on long-term affordability – including cooperatives, community housing developments or builders that promote attainable homeownership solutions,” the document said.
Non-profit housing advocates and stakeholders have applauded the government for prioritizing non-market housing in its vision for Build Canada Homes. However, they’ve been urging the government to take swift action to spur construction and not wait for the entire organization to be set up first.
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