- New Listing Indian Creek Apartments 1015-1025 N Farnsworth Ave Aurora IL 60505 - September 17, 2023
- Cooling Future Deliveries Set the Stage for a Rent Growth Comeback - September 11, 2023
- Price Gap Between Rent and Home Ownership in Chicago - August 6, 2023
The Government of Canada announced it will be offering Temporary Rental Assistance funding of up to $15 million to assist former federally administered social housing projects whose operating agreements expired prior to April 1, 2016. The funding will support these housing organizations and provide affordable accommodation to persons and families of low income.
“Our government is taking all the necessary steps to ensure that every Canadian has a safe and affordable place to call home,” said the Hon. Ahmed Hussen, Minister of Families, Children and Social Development and Minister Responsible for CMHC. “Thanks to this new funding, we are able to lend a helping hand to families and individuals in need from coast to coast to coast. We remain committed to address housing need across Canada.”
Temporary Rental Assistance will be offered between April 1, 2021, and March 31, 2022, as exceptional one-time assistance. The application will be open between February 1st and March 1, 2021. Non-profit providers are invited to apply through the CHTC website, while the housing co-operatives are invited to apply through the Agency for Co-operative Housing‘s website.
“The Government of Canada is dedicated to helping Canadians have safe and affordable housing that meets their needs,” said Adam Vaughan, Minister Responsible for CMHC. “These investments will make a real difference in the lives of many families and individuals across the country and right here in Ontario. Community housing plays an invaluable role. It doesn’t just make housing more affordable. It gives families that stability they need to make ends meet and get ahead. It builds diverse communities. Stronger communities that benefit us all.”