Canada Ontario Bilateral Agreement Housing
The Ontario Priorities Housing Initiative builds on the success of the Investing in Affordable Housing program and looks at local housing and accessibility priorities. The province of B.C. and the Canadian government each contributed US$88.7 million over four years from April 1, 2002 to March 31, 2006. With funding from this agreement, approximately 3,900 units have been created by the Provincial Housing Program, the BC Independent Living Program and the Community Partnership Initiatives Program. On June 20, 2006, the Government of Canada and the province of B.C announced the social housing agreement to transfer the management of 51,600 social housing units in the province. In July 2011, the Government of Canada and the province of B.C. announced a $180 million agreement to invest in affordable housing to meet a range of housing needs for low-income people, families and seniors. Each government contributed US$90 million over a three-year period (April 1, 2011 to March 31, 2014). Support programs for the initial phase of the agreement are: the transfer contributes to the rationalization and simplification of management and allows the province to access housing services through the provision of a window. The province can use the savings from the efficient use of federal funds to preserve existing inventory and invest in housing for low-income households. Under this agreement, the Government of Canada will contribute an additional $150 million and the province of B.C. will contribute $63 million over a two-year period (April 1, 2016 to March 31, 2018). Funding is tied in the following way: the Canada-Ontario Housing Benefit is a federal-province common housing benefit program that allows people to choose more where they live.
Ontario was the first province to announce a bilateral Canada-Ontario Housing Allowance Agreement, with a joint investment of $1.4 billion over nine years. Since the launch of the Canada-Ontario Housing Benefit program on April 1, 2020, more than 3,800 households have received assistance. In the first year, up to 5,200 households will be eligible for assistance, and this number is expected to increase each year. OTTAWA, ON, November 13, 2020 /CNW/ – Every Canadian wins a place to call home, which is why the governments of Canada and Ontario are providing $4 million to create new affordable housing in Ottawa`s Bells Corners community. This investment will provide more individuals and families with access to stable housing in their communities.