Budget for Housing: Build the Economy

The Federal Government is announcing a budget and stimulus package on January 27th.

The time to act is now.

ACORN is calling for the budget / stimulus package to include $1.8 Billion for two housing initiatives. First, a national affordable housing strategy to build new affordable housing, and secondly a national fund to provide resources to Provinces and Municipalities to repair their existing social housing stock (as called for in the CCPA AFB, 2009).

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This will accomplish three key goals: Creating new living wage jobs to stimulate the economy, improving the quality of the existing social housing infrastructure and building much needed new affordable housing.

Currently, as many as 1.5 million Canadians are experiencing core housing need, meaning that they are under-housed or face an unsustainable financial burden to maintain their current housing situation (CMHC).