The provision of safe, affordable, accessible housing is a critical component of fostering healthy communities. Housing has become less affordable in both the ownership and rental markets. The cost of housing has outpaced income and it has now even more challenging for Halton residents to find housing that is affordable. In addition, demand for housing in Halton has increased exponentially as illustrated by the increase in applications to the centralized wait list.
Halton Region is investing $107 million in our social infrastructure through the 10-year Comprehensive Housing Strategy (2014-2024). This Strategy provides government-assisted housing options to low income residents. Housing is a shared responsibility across all levels of government, as well as the private and non-profit sectors. Long-term sustainable investments allow for the planning and delivery of, and access to, safe, affordable, and accessible housing which improves the lives of residents and strengthens communities.
By the end of 2020, Halton Region will have created a total of 875 government assisted housing opportunities, since 2014. Halton is projecting to have 927 government assisted housing opportunities by the end of 2021.
Although Halton is ahead of schedule in achieving the targeted 900 new housing opportunities by 2024, the increased demand and need for affordable housing demonstrates that long-term sustainable solutions are needed from higher levels of government.
In 2018, the Federal Government announced Canada’s first ever National Housing Strategy. While this 10-year, $55+ billion plan is intended to help drive the success of Canada’s housing sector by giving more Canadians affordable homes, it is unclear when municipalities will receive funding.
- Deliver predictable long-term, sustainable federal/provincial funding to match the Region’s commitment, in affordable and assisted housing.