Majority of affordable homes approved under federal program not yet built after construction delays

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Majority of affordable homes approved under federal program not yet built after construction delays
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The Rapid Housing Initiative is a federal program launched in 2020 that provides funding to cities and non-profit organizations to build affordable homes for vulnerable Canadians, including those experiencing homelessness

The federal government offered $2.5 billion during the first two rounds of project funding, with the condition that approved units must be built within 12 months in most places or 18 months in northern or remote communities.

“Due to unprecedented circumstances faced by housing developers over the last few years including supply chain disruptions, rising costs and severe weather-related events, some projects are expected to and will take longer, mainly due to infrastructure and construction challenges,” said Leonard Catling.

“In order to get supportive housing through rapid housing initiative or any other program up, you need really strong collaboration between all three levels of government,” Whitzman saidIn November, the federal government announced the third round of the RHI, which will provide an additional $1.5 billion in funding.

Hogan’s report found there are data gaps across the federal government that make it difficult to assess the success of programs.

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