ForAffordable.ca

Working Together for Affordable Housing

[ForAffordable.ca @ForAffordableCA]

No Vacancy: Canada has run out of apartments.
Government must help housing providers build 5.8 million new homes by 2030.

To learn more, visit: https://t.co/1UcU5i30qm

[ForAffordable.ca @ForAffordableCA]

Queen's Park and the federal government have reached a $357M agreement to fund affordable housing in Ontario. This marks a significant step towards addressing the housing crisis. We look forward to the next phase of the action plan, and the impact it will have in our communities.

[Toronto Star @TorontoStar]

Trudeau and Ford governments reach $357M deal in federal funds for affordable housing #onpoli https://t.co/StBgvYHhsV

[ForAffordable.ca @ForAffordableCA]

The initiative not only protects existing affordable units but creates new supply. This approach helps nonprofits buy existing apartment rental properties to maintain affordable rents for generations & in turn for-profit owners raise capital needed to reinvest in new supply.

[ForAffordable.ca @ForAffordableCA]

The most affordable housing is housing that is already built. As advocated for in our pre-budget submission & discussion paper for an Affordable Housing Fund, we welcome today's government announcement to launch the Rental Construction Fund to safeguard affordable housing.

[ForAffordable.ca @ForAffordableCA]

Fixing the housing crisis, like the climate crisis, requires governments to do their part. The Blueprint for More and Better Housing recommends 140 actions that could add 5.8M new homes by 2030 that are affordable and resilient to climate impacts. https://t.co/IXctPt9tox

[ForAffordable.ca @ForAffordableCA]

Housing construction in Canada has & will continue to be done by the private sector. As @cafreeland & @seanfrasermp have said, the math has to work for developers to move new projects ahead. Fostering a climate for developers & investors is critical. https://t.co/FUjIw53jb1

[ForAffordable.ca @ForAffordableCA]

This solar panel project powering Westpark Village in #Toronto’s Rexdale neighbourhood is creating a positive impact for community residents, leading the way for a greener and more sustainable future for years to come. #REITS #housing

[CANADIAN APARTMENT PROPERTIES • REIT @Caprent]

Check out CAPREIT's final conservation & sustainability video featuring Dan Rames, Senior Director of Sustainability, and Pradeep Kugaraj, Energy Manager, discussing the solar panel project at Westpark Village in Toronto's Rexdale neighbourhood. https://t.co/2Gu5UDEV9F

[ForAffordable.ca @ForAffordableCA]

We believe the most affordable housing is the housing already built. As @cafreeland prepares for #Budget2024, she has the chance to carve out a path towards both concrete results in the short term and permanent, with solutions for the long term. https://t.co/FUjIw53jb1

[ForAffordable.ca @ForAffordableCA]

For #Budget2024 we urge gov't to lead the charge, using every tool at its disposal: infra funding, tax incentives to give not-for-profit housing providers a buying advantage & funding models to align housing policies with national ambitions. @cafreeland https://t.co/Wv4Nc2Y2Hu

[ForAffordable.ca @ForAffordableCA]

Minto Apartment REIT recently sold 2 properties to
@OCH_LCO, enhancing & protecting Ottawa's affordable housing supply. There is cross-spectrum agreement that a housing acquisition fund is the best & fastest way to preserve affordable housing.

https://t.co/4mEBRr1i8Q

[ForAffordable.ca @ForAffordableCA]

... secure the existing stock of affordable units while freeing up private sector capital for reinvestment. (2/2)

#REITSforHousing

[ForAffordable.ca @ForAffordableCA]

As we embark on a new year, the need for affordable housing in Canada remains an ever-pressing & growing issue. In this insightful op-ed, @MKenneyCAPREIT of @Caprent & Sam Kolias of @BwalkCommunity outline how a federal housing fund can ... (1/2)

https://t.co/zQhoWryQVk

[ForAffordable.ca @ForAffordableCA]

Canada’s housing shortfall requires an all-hands-on-deck approach to preserve current stock of affordable housing & deliver new supply.

Learn more about Canada's publicly traded REITs + proposed solutions to work with government & civil society at https://t.co/axnDyPzBGA. (2/2)

[ForAffordable.ca @ForAffordableCA]

Pleased to see the #FallEconomicStatement focus on 🇨🇦 housing - including commitments to "making the math work for builders so more projects move forward" and new measures to incentivize the construction of new rental housing. ���(1/2)

[ForAffordable.ca @ForAffordableCA]

DYK Charlottetown has one of the highest growth rates in 🇨🇦? Recently, @SeanFraserMP put forth 3 key conditions for approving Housing Accelerator Fund applications in PEI — & PEI Housing Minister @RobLantz is onboard with these measures. https://t.co/ExXw0Dx92m #REITsforHousing

[ForAffordable.ca @ForAffordableCA]

This article delves into the hurdles and potential benefits of this approach to alleviating our nation's housing shortage. (2/2) #REITsforHousing

[ForAffordable.ca @ForAffordableCA]

We believe repurposing office spaces into residential units could help tackle Canada's housing crisis. One of our Canadian Rental Housing Providers for Affordable Housing partners, InterRent REIT, is leading by example in this space ... (1/2)
https://t.co/tREHgxoik5

[ForAffordable.ca @ForAffordableCA]

Experts warn skilled immigrants may opt for other countries if 🇨🇦's national housing challenges persist—potentially jeopardizing Canada's future economic growth. CBC Radio explored this issue in a recent episode of Cross Country Checkup. #REITsforHousing

https://t.co/IKye72VxJ9

[ForAffordable.ca @ForAffordableCA]

DYK? Public apartment REITs represent less than 5% of the purpose-built rental stock—and less than 2.5% of 🇨🇦' s total rental market. In other words? REITs operate in a diverse and competitive rental industry.

Learn more about us at https://t.co/A6pj2jyqJo. #REITsforHousing

[ForAffordable.ca @ForAffordableCA]

Earlier this week, the Government of Canada announced it will unlock $20 billion in new financing towards build 30,000 more apartments per year. Read the announcement at https://t.co/uYawpUy02A. #REITsforHousing

[ForAffordable.ca @ForAffordableCA]

New @StatCan_eng data shows a 5-month decline trend in investment for residential building construction. We’re hopeful removing GST from new rental construction projects will be a turning point. Keeping a close eye on these numbers ahead. #REITsforHousing https://t.co/nCCVdiCm8Y