MISSISSAUGA, ONT. — The Government of Canada is extending a partnership with Habitat for Humanity to build more affordable housing.
A federal investment of $25 million, announced recently, will help build 500 new affordable homes across Canada over the next three years. The most recent investment is in addition to previous investments of $55.8 million made by the Government of Canada in Habitat for Humanity to support the creation of 617 affordable housing units across Canada.
Those previous investments included an initial investment of $32.4 million to create 417 homes in 2019, a top-up investment of $3.4 million in 2020, and a $20 million investment to support equitable access to homeownership for Black Canadian families announced in 2020, indicates a release.
The investments by the Government of Canada were made through the National Housing Co-Investment Fund, a key component of the National Housing Strategy.
Habitat for Humanity homes are energy-efficient and one in every five homes is built to meet accessibility standards, states a release, adding contributions from federal, provincial and municipal governments and hundreds of donors and volunteers enable Habitat for Humanity Canada to serve vulnerable populations. This includes single mothers and their children, Indigenous people, Black families, recent immigrants, people with disabilities, seniors and veterans.