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Mar 27, 2024 · In the letter, Fraser states Ontario's draft action plan for 2022-2025 only proposes to achieve 1,184 units by the end of 2024-2025, or 6 per cent of its goal.
6 days ago · $240 million: Construction of roughly 4,700 new housing units, with the goal of building 23,277 units total by 2029. $200 million: Continuing the Shelter Allowance Program, an initiative that pays out monthly stipends to Quebec households who spend more than 30% of their income on rent.
The 2024 Net Operating Budget for Housing Secretariat of $503.853 million is $82.830 million or 20% greater than the 2023 Net Budget. Table 2 below summarizes the key cost drivers for the 2024 Budget. • $0.740 million in costs associated with leases and site management of pre-development sites.
Sep 13, 2023 · We maintain our estimate from last year, which indicates a need for 3.5 million more units by 2030 to restore housing affordability. We also present 2 alternative scenarios for consideration: a high-population-growth scenario and a low-economic-growth scenario. Shifting economic and demographic conditions impact housing demand projections.
Apr 16, 2024 · Of the 2 million net new homes, we estimate that the policy actions taken in Budget 2024, Canada's Housing Plan, and in fall 2023 would support a minimum of 1.2 million net new homes.
Mar 27, 2024 · In a letter sent to Ontario Housing Minister Paul Calandra last week, Fraser said the province’s tally is significantly lower, standing at about 1,184 new units by the end of 2024-2025....
Jan 3, 2024 · Final figures for 2023 aren't in yet but, as of November, the pace of new construction was slower than the 96,000 housing starts in the previous year. Ontario's road to 1.5M new homes has...
