Ontario is introducing a suite of legislative and policy measures, and investing $178 million over three years, to ensure that the people of Ontario have access to affordable and adequate housing and to help them secure employment, raise a family and build strong communities.
Last year, Ontario announced that it would consult with communities to update the Long-Term Affordable Housing Strategy, first launched in 2010. The updated strategy is informed by feedback from key stakeholders including clients, developers, municipalities and advocates. It will make housing programs more people-centred and co-ordinated, and provide municipalities with flexibility to meet local needs.
To increase the supply of affordable housing and support the province's goal of ending chronic homelessness in 10 years, Ontario is:
Investing in long-term, stable funding for affordable and adequate housing is part of the government's economic plan to build Ontario up and deliver on its number one priority -- to grow the economy and create jobs. The four-part plan includes investing in talent and skills, including helping more people get and create the jobs of the future by expanding access to high-quality college and university education. The plan is making the largest investment in public infrastructure in Ontario's history and investing in a low-carbon economy driven by innovative, high-growth, export-oriented businesses. The plan is also helping working Ontarians achieve a more secure retirement.
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