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Canada and FCM announces $8.7 million to support the development of a geothermal energy system in the City of Markham.
FCM welcomes Budget 2024's focus on solving the housing and homelessness crises, but more is needed to address growth for the longer term.
The Federation of Canadian Municipalities (FCM) welcomes Canada’s Housing Plan as it will significantly help to support Canada’s population, including our most vulnerable, by delivering new housing to all Canadians and provide over a billion dollars in additional support to combat homelessness.
The Federation of Canadian Municipalities (FCM) welcomes today’s federal announcement of a new Canada Rental Protection Fund, which is set to provide $470 million in grants over five years as well as $1 billion in loans to support affordable housing in communities across the country.
The Federal Government and FCM invest over $1.2 Million to support home-energy upgrade programs in communities across Ontario.
Canada and FCM invest $4.6 million to cut energy bills and retrofit a 32-unit residence in Saanich, B.C.
The City of Calgary is investing $100 million in the Downtown Calgary Development Incentive Program, which focuses on supporting downtown building owners in the conversion of vacant office space to residential use and the development of vibrant downtown neighbourhoods. The City has approved five projects for funding, which together remove about 665,000 square feet of empty office space from the market and create 707 homes.
To deal with the housing crisis and a low vacancy rate, the City of Gatineau has established a “shock committee” designed to unblock housing projects by taking a several-pronged approach to develop housing as efficiently as possible. The committee is made up of housing leaders throughout the city and will act on four priority areas: affordability, accessibility, equity and efficiency. (**French only)
The Rural Ontario Institute, Eastern Ontario Wardens’ Caucus, and IT Firm Itergy are partnering to create an innovative digital tool that will aggregate trends, costs, available land, available incentives, local organizations open to collaboration and more to provide municipalities with the information they need to create in the planning and construction of new affordable housing. The tool is expected to launch in the spring of 2023.
Over 900 new affordable rental homes have been approved by Toronto City Council through the Open Door Affordable Rental Housing Program. Since launching in 2016, the Open Door program has supported the creation of more than 21,700 affordable rental homes in Toronto. The program accelerates the construction of affordable housing by providing City financial contributions, including capital funding fees and property tax relief, fast-tracking planning approvals, and activating surplus public land.