The National Housing Accord has put forth 10 recommendations to the federal government that would restore affordability, protect vulnerable sectors of the population, and build two million purpose-built rentals in seven years.
In order for this "ambitious" goal to be met, the federal government must work with its provincial and municipal counterparts, as well as builders, developers, the non-profit sector, and the higher education sector to prioritize innovation in homebuilding, address bottlenecks that are slowing down construction, and provide support to those who are experiencing homelessness.
The CMHC approval process should be streamlined, and include a catalogue of pre-approved designs to allow for the construction of purpose-built rental housing to be fast-tracked. While some of the recommendations can be undertaken quite quickly, like removing HST and GST on purpose-built rentals, others, such as creating a national innovation strategy, will be more long-term, Moffat explained. Some, like a pre-approved catalogue of designs at CMHC, have been implemented during housing crises past.
The recommendations address six core challenges the National Housing Accord has identified as preventing the construction of affordable purpose-built rental housing. There are housing needs that can’t be met by the market. These gaps create a need for governments and not-for-profits to build everything from supportive housing units to student residences.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Housing experts, advocates, industry have unified message for government: Get more rentals builtA coalition of housing experts, advocates and industry representatives is calling on the government to overhaul its policies in order to get more rental units built.
Read more »
Housing minister says federal government should have stayed in housing gameHousing Minister Sean Fraser says the federal government should have never got out of the housing business even as high-income professionals are struggling to find affordable housing.
Read more »
Housing minister says federal government should have stayed in housing gameHousing Minister Sean Fraser says the federal government should have never got out of the housing business even as high-income professionals are struggling to find affordable housing.
Read more »
Housing minister says federal government should have stayed in housing gameNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit.
Read more »
Housing minister says federal government should have stayed in housing game - constructconnect.comBURNABY, B.C. — Housing Minister Sean Fraser says the federal government should have never got out of the housing business even as high-income professionals are struggling to find affordable housing. Fraser says federal governments over the past half cen
Read more »
Federal government should have stayed in housing game, minister saysHousing Minister Sean Fraser says the federal government should have never got out of the housing business even as high-income professionals struggle to find affordable housing.
Read more »