Feds to spend $1B on new Rapid Housing Initiative

OTTAWA — The federal government has announced a new $1-billion initiative designed to rapidly develop affordable housing.   A Sept. 21 release stated that the Rapid Housing Initiative (RHI) will also help support Canada’s economic recovery by creating employment in the construction sectors.   Delivered by Canada Mortgage and Housing Corporation, the program will cover the construction of modular housing as well as the acquisition of land and … Continue reading Feds to spend $1B on new Rapid Housing Initiative