#Update on #RapidHousingInitiative progress—we’re on target to surpass our original goals:
1️⃣Round 1:
🎯Original target: 3,000 new affordable homes
🏗️Units planned: 4,700+
2️⃣Round 2:
🎯Original target: 4,500 affordable homes
🏗️Units planned: 5,300+
#ICYMI, the #RapidHousingInitiative—a $2.5B initiative is underway.
We’re on track to beat our original plans of supporting rapid creation of 7,500 homes to support over 10,000. And this is only one of the ways we’re working to close the #housing divide.
W/ @Gov_NB we'll support micro-home creation for those experiencing homelessness in @CityFredGov—with plans for 96 within the next 2 yrs.
Residents will receive rent supplements, so they don’t pay >30% of their total household income in rent. #NationalHousingStrategy at work.🏡
Today, we Remember the Canadian military members that serve, or continue to serve
In 1946, we were tasked with housing returning WWII veterans and ensuring they had a place to call home
Let’s take time to reflect on the sacrifices of our Canadian service members
#LestWeForget
#YourBudget will help families, young people, low-income Canadians, people experiencing homelessness, and women and children fleeing violence find a safe and affordable place to call home 🏠. ow.ly/ACZ950EsFec
In Atlantic Canada, the #Halifax & #Moncton housing markets are now rated at a high degree of vulnerability. Halifax saw an increase in overheating & price acceleration, while Moncton experienced persistent overvaluation. Get our report: ow.ly/3bH550Enn4q
#ICYMI, @scotiabank has pledged its support to #AffordableHousing. Who will be next? Our goal is for everyone in 🇨🇦 to have a safe and affordable place to call home by 2030, find out how Scotia is joining our efforts: ow.ly/njjR50EmP0W
We’re loaning $16 million to create 76 apartments in #Moncton! Located in the Lewisville area, the building is near services, parks, & transit. It will provide middle-income residents with stable rental housing & an affordable place to call home: ow.ly/2SWn50EcfHv
The Canada Emergency Commercial Rent Assistance for small businesses will soon be available. Check out what documents you need to get your application ready: ow.ly/izNW50zKK9d
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