**PREVIEW** Canadians Get New Deal on Housing
The federal government makes giant leap, investing in critical housing initiatives
Published on March 22, 2016
Following the 2016 Federal Budget, the GTA Housing Action Lab released the following response on March 22, 2016
The measures introduced in the federal budget signal a breakthrough for Canadians who have needed a new deal on housing. The GTA Housing Action Lab applauds the federal government for recognizing how much of a challenge housing is for Canadians and taking real action towards a National Housing Strategy. This represents a giant leap forward on making housing affordable for many Canadians.
The federal government's investments in affordable housing of $2.3 billion dollars over two years will finally recognize the critical importance of repairing and retrofitting social housing and creating new affordable housing. The GTA Housing Action Lab is also encouraged by the Affordable Housing Innovation Fund that will invest an additional $208.3 million over two years to test innovative business approaches, such as housing models with a mix of rental and home ownership.
In Ontario, the Premier and Mayors from across the Greater Toronto and Hamilton Area have demonstrated leadership to address affordable housing issues. This is a historic moment where three levels of government are aligned with a shared purpose. Moving to action will require collaboration from every sector. Communities, builders and housing providers in the GTA are ready to invest federal funding into real shovel-worthy projects that help people and create jobs.
The GTA Housing Action Lab welcomes the federal government’s commitment to lead coordination across all levels of government to enable a systems approach to housing affordability and a down payment towards transforming the housing system.
“With too many Canadians struggling to afford housing, the federal budget takes a major step towards meeting these urgent needs, while laying the groundwork for long-term, systemic change.”
Pedro Barata, United Way Toronto and York Region
“Today the federal government laid a foundation for affordable housing. This complex issue means that there is no one solution and will take an array of approaches and collaboration from every sector to make this happen. We are ready to move forward.”
Sharad Kerur, Ontario Non‐Profit Housing Association
“Three levels of government continue to make housing affordability an important issue and today's federal budget gives us a chance to roll up our sleeves and help build a national housing strategy.”
Joe Vaccaro, Ontario Home Builders Association
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About GTA Housing Action Lab
The Greater Toronto Area (GTA) Housing Action Lab (HAL) is convened by Evergreen a non for profit organization working towards creating greener, more sustainable cities. The GTA Housing Action Lab is a multi‐sector working group that investigates and proposes policies and programs to support the affordability and diversity of housing for residents of all income‐levels in the GTA. Through its work, HAL has learned that a diverse housing market, which serves a spectrum of housing needs, will provide increased stability for Canadians more resilient complete communities and a stronger country.