OTTAWA — The federal Liberals plan to spend $1 billion over the next six months so cities and other housing providers can keep people from becoming homeless.
The rapid-housing funds can be used to buy properties being sold because of the COVID-19 pandemic or to build new modular units.
The Liberals expect the program will create 3,000 new affordable housing units across Canada.
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They want all the funds to be committed by the end of March 2021.
The funding will be available to municipalities, provinces, territories, Indigenous governing bodies and agencies and non-profit organizations.
Social Development Minister Ahmed Hussen says Ottawa will provide an additional $237 million to the federal homelessness strategy for pandemic-related expenses.
Photo credit: SEAN KILPATRICK / THE CANADIAN PRESS
News source: The Canadian Press