Prime Minister Justin Trudeau announced that London, Ont., is the first city in Canada to reach a deal with his government under the Housing Accelerator Fund.
He says the deal will create 2,000 new homes in the city over three years.
“This landmark agreement with London will be the first of many, and we look forward to working with all orders of government to help everyone find a place to call their own,” Trudeau said in a statement.
London Mayor Josh Morgan said he wants the city’s agreement to set an example for the rest of the country when it comes to building housing units.
“This is the most significant housing and housing-related infrastructure investment in London’s history,” said Morgan, thanking his staff and council for their work on the deal.
Morgan added that on top of the 2,000 homes the fund will help build over the coming three years, it will also help facilitate the construction of thousands of additional housing units “in the years to come.”
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CBC News
September 13, 2023