Lib­er­als de­tail $40B for 10-year na­tional hous­ing strat­egy, in­tro­duce Canada Hous­ing Ben­e­fit

The Miracle - - National & Int -

The fed­eral gov­ern­ment has an­nounced the de­tails of its ten-year na­tional hous­ing strat­egy, which in­cludes the in­tro­duc­tion of a hous­ing ben­e­fit for fam­i­lies that won’t kick in un­til after the next fed­eral elec­tion. “This is a@ new, in­no­va­tive plan that reestab­lishes the role the fed­eral gov­ern­ment must play in hous­ing,” Prime Min­is­ter Justin Trudeau said in an­nounc­ing the plan in Toronto. “Hous­ing rights are human rights, ev­ery­one de­serves a safe and af­ford­able place to call home.” The am­bi­tious plan prom­ises to tackle ev­ery­thing from home­less­ness, the short­age of new hous­ing units and re­pairs to ex­ist­ing units over the next decade, in­clud­ing: Build­ing 100,000 new af­ford­able hous­ing units. Re­pair­ing 300,000 af­ford­able hous­ing units. Cut­ting chronic home­less­ness by 50 per cent. Pro­tect­ing 385,000 house­holds from los­ing an af­ford­able home. Pro­vid­ing 300,000 house­holds with fi­nan­cial as­sis­tance through the Canada Hous­ing Ben­e­fit. Re­mov­ing 530,000 house­holds from hous­ing need. Most of the fund­ing for the plan was al­ready an­nounced in the 2017 bud­get and will there­fore not have any im­pact on the fed­eral gov­ern­ment’s fis­cal plan. The ex­cep­tion is the $4 bil­lion Canada Hous­ing Ben­e­fit, which the fed­eral gov­ern­ment says will help fam­i­lies by pro­vid­ing an av­er­age rent sub­sidy of $2,500 an­nu­ally be­gin­ning in April 2020 and con­clud­ing in 2028.Half of the $4 bil­lion that will be spent by 2028 will come from the prov­inces and ter­ri­to­ries with the other half com­ing from the fed­eral gov­ern­ment. The gov­ern­ment says the ben­e­fit will help sup­port 300,000 house­holds by 2028. Ot­tawa to build 100,000 new af­ford­able units, rec­og­nize hous­ing as ‘fun­da­men­tal right ‘ New hous­ing strat­egy could cut into child poverty rates, groups say The strat­egy was de­vel­oped with a gen­der­based anal­y­sis and prom­ises to pro­vide af­ford­able hous­ing for se­nior women and women flee­ing do­mes­tic abuse. Some 25 per cent of in­vest­ments under the strat­egy will be tar­geted to­wards women and girls.

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