The Federal Government Is Committed To Building 260 New Homes In Toronto

Eighty-six will be set at “affordable rates,” the government said.
The announcement, made by federal Minister of Housing and Diversity and Inclusion Ahmed Hussen, along with Davenport MP Julie Dzerowicz, Etobicoke-Lakeshore MP James Maloney, Toronto Mayor John Tory and Deputy Mayor Ana Bailão, is part of a of an estimated $105.5 million commitment made by the government in conjunction with the federal Rapid Housing Initiative (RHI).
“These new homes will provide stability and security for their residents and are another way the National Housing Strategy ensures that no one is left behind,” Hussen said at Friday’s press conference.
The homes are to be built on seven different project sites including:


	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) 


The government said the units are expected to be built within 12 months of funding being provided, “with certain exceptions”.
The RHI is a $2.5 billion program under the federal government’s National Housing Strategy (NHS) procured in an effort to “help address the urgent housing needs of vulnerable Canadians through the rapid construction of more than 10,000 units of affordable housing.”