Tri-Cities Homelessness & Housing Task Group

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Federal Budget Continues Funding for Affordable Housing

The federal budget, announced yesterday, commits Ottawa to five more years of funding for affordable housing at the same level as previous: $253 million a year over 5 years, which must be matched by the provinces and territories and can be spent on new construction, renovation, home ownership assistance, rent supplements, shelters and homes for battered spouses.

The budget also commits to five more years of funding for the Homelessness Partnering Strategy, although at $119 million per year, down from the previous $134.8 million per year.  There is also a new emphasis on “housing first” rather than on shelters and support services without housing.
Read more at Ottawa commits to five more years of funding for affordable housing

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