More families, seniors, chronically homeless men and women, and people living with disabilities will now have a place to call home in Ottawa. The federal, provincial and municipal governments are investing over $74 million to create more than 675 affordable housing units.
This is great news for residents in the City of Ottawa trying to build a life for themselves but can’t afford to keep up with the growing costs associated with buying a house.
Mayor Jim Watson joined the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), along with the Honourable Peter Milczyn, Ontario’s Minister of Housing and Minister Responsible for the Poverty Reduction Strategy, for the announcements this week.
The governments of Canada and Ontario jointly contributed over $54 million through the Investment in Affordable Housing (IAH) Agreement with the City of Ottawa contributing more than $20 million to these projects.
Ottawa consistently ranks as one of the best cities in the world in which to live, with many residents enjoying a high standard of living. However, that isn’t the case for everyone. Approximately 12.6 per cent of Ottawa’s residents live in poverty. That’s more than 110,000 people who struggle to afford life’s basic needs. More than 7,500 people accessed emergency shelters over the past year and many others live in precarious housing situations.
With that in mind, the City developed a 10-Year Housing and Homelessness Plan. The plan highlights the City’s commitment to meeting the most pressing housing needs of Ottawa’s residents by 2024.
The plan’s priorities are to ensure:
- Everyone experiencing homelessness is able to access safe, temporary shelter
- Chronic homelessness is eliminated
- Emergency shelter stays are less than 30 days
- The supply of affordable housing in mixed income neighbourhoods is increased
- Our social and affordable housing stock remains in a good state of repair
- Our system of housing and supports is integrated responsive and has sustainable funding from all levels of governments.
To view the 16 affordable housing projects receiving funding, please visit https://ottawa.ca/en/news/affordable-housing-gets-boost