Ahmed Hussen, Minister of Housing and Diversity and Inclusion, along with Julie Dzerowicz, Member of Parliament for Davenport, John Tory, Mayor of Toronto, and Ana Bailão, Deputy Mayor of Toronto and Councillor for Davenport, have announced over $105.5 million in federal funding to create an estimated 260 new homes in Toronto through the Rapid Housing Initiative (RHI). These homes are part of seven different projects, located at:
- 136 Kingston Road, $9.5 million
- 525 Markham Road, $26.6 million
- 25 Augusta Avenue, $12.5 million
- 60 Bowden Street, $19.8 million
- 150 Eighth Street, $31 million
- 1120 Ossington Avenue: $4.5 million
- 1080 Queen Street East, $1.6 million
New investments under the RHI will create thousands of good jobs in the housing and construction sector, grow the middle class, and build back stronger communities while getting us closer to our goal of eliminating chronic homelessness in Canada.
“Everyone deserves a safe and affordable place to call home, and the pandemic only exacerbated the real housing challenges people were facing. That’s why the Rapid Housing Initiative was created – to support those most vulnerable across Canada, including right here in Toronto. These new homes will provide stability and safety to their residents and are another way our National Housing Strategy is ensuring no one is left behind.” Ahmed Hussen said.
“Through the Rapid Housing Initiative, our federal government is investing in safe, affordable and supportive housing here in Davenport and across Canada. This program helps to reduce chronic homelessness and ensure that more Canadians have a place to call home. There is more work to do, and I remain committed to working with my colleagues and the community to create more affordable and accessible homes in Toronto, improving the quality of life for those who need it most. This is our National Housing Strategy in action.” – Julie Dzerowicz said.
“I am committed to getting more housing built. These seven projects announced today demonstrate how our governments and community partners are working together to get more housing built as soon as possible. Supporting Indigenous-led housing projects and creating new supportive and affordable homes is an important part of the affordable housing strategy in our HousingTO 2020-2030 Action Plan and I look forward to seeing these projects get up and running.” said John Tory.
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