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House Hansard - 284

44th Parl. 1st Sess.
February 16, 2024 10:00AM
Context: House Hansard - 284 - Feb/16/24
Ms. Pam Damoff (Oakville North—Burlington, Lib.)
  • Feb/16/24 11:05:44 a.m.
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Madam Speaker, we know we have a housing crisis, and that is why we are investing in the creation of homes nationwide, including in Oakville and Burlington. In 2023 we announced over $55 million to build 131 purpose-built rental homes in Oakville, with the funding coming as a fully repayable low-interest loan through the CMHC apartment construction loan program. Last month in Burlington, we announced that the City of Burlington would be receiving $21 million from the housing accelerator fund, which will create 600 homes in the next three years and 5,000 new homes over the next decade. This is a step in the right direction for Oakville and Burlington, because we know every Canadian should have access to safe and affordable housing. We are working with developers and municipalities to get more homes built at prices people can afford.
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