Majority of affordable homes approved under federal program not yet constructed

South Africa News News

Majority of affordable homes approved under federal program not yet constructed
South Africa Latest News,South Africa Headlines
  • 📰 SooToday
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 85%

Housing construction has also been affected by rising costs and labour shortages

OTTAWA — The federal government has set aside billions of dollars to quickly build affordable housing across the country, but delays in construction suggest many of the projects approved for funding are missing their deadlines.

But a document put together by the Canada Mortgage and Housing Corporation in response to a written question from a member of parliament shows the majority of units approved have not yet been constructed. Carolyn Whitzman, a housing policy expert and adjunct professor at the University of Ottawa, says the federal government has touted the RHI as a success story because more units than anticipated have been approved for construction. The first two rounds of approvals exceeded targets by a combined 2,600 units, she noted.

The federal government has extended the construction timeline for that round to 18 months for most homes and 24 months for projects in northern or remote communities.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SooToday /  🏆 8. in CA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Majority of affordable homes approved under federal program not yet built after construction delaysMajority of affordable homes approved under federal program not yet built after construction delaysThe Rapid Housing Initiative is a federal program launched in 2020 that provides funding to cities and non-profit organizations to build affordable homes for vulnerable Canadians, including those experiencing homelessness
Read more »

Document shows majority of federal affordable homes approved not yet constructed - National | Globalnews.caDocument shows majority of federal affordable homes approved not yet constructed - National | Globalnews.caThe response from Canada Mortgage and Housing Corporation, which is dated Nov. 30, says only 1,449 affordable units have been completed.
Read more »

Victoria council adopts divisive missing middle housing programVictoria council adopts divisive missing middle housing programThe policy is designed to encourage medium-density options — such as houseplexes, small apartment buildings and townhouses — rather than detached single-family homes and high-rises
Read more »

'Van Life': Orillia resident finds unique solution to housing crisis'Van Life': Orillia resident finds unique solution to housing crisisBEHIND THE SCENES: Faced with increasingly difficult rental situations, an Orillia woman has found a workaround
Read more »

'Van Life': Orillia resident finds unique solution to housing crisis'Van Life': Orillia resident finds unique solution to housing crisisBEHIND THE SCENES: Faced with increasingly difficult rental situations, an Orillia woman has found a workaround
Read more »

Waterloo Regional Council approves 2 measures to create more affordable housing in area | Globalnews.caWaterloo Regional Council approves 2 measures to create more affordable housing in area | Globalnews.caWaterloo Regional Council approved two measures on Wednesday night in a bid to create to new affordable housing in the area.
Read more »



Render Time: 2025-04-05 13:22:44