Row of Townhouses

Loyalist Township, Ontario - To make progress towards solving the housing crisis we need to build more homes at prices that Canadians can afford, faster. To do this we need to end restrictive zoning and speed up permitting, and add greater density, especially near transit and post-secondary institutions. The Housing Accelerator Fund (HAF) will cut this red tape and fast-track at least 112,000 new homes by 2028, which cities and regions estimate will lead to the creation of over 750,000 new homes for people in towns, cities, and Indigenous communities across Canada over the next decade.

Today, the Government of Canada and Loyalist Township announced that they reached an agreement to accelerate the construction of 111 homes over the next three years. This work will help spur the construction of 1,608 homes over the next decade. This agreement under the second round of the HAF, will provide over $3.5 million to eliminate barriers to building the housing we need, faster.

HAF requires action plans from local governments, unlocking funding to ensure the timely implementation of housing initiatives, with subsequent payments upon delivering results. Local governments are encouraged to think big and be bold in their approaches, which could include accelerating project timelines, allowing increased housing density, and encouraging affordable housing units.

Loyalist Township has demonstrated its commitment to introducing systemic enhancements through zoning bylaw and Official Plan Amendments to implement as-of-right zoning permissions to allow for additional residential units and different housing forms including four (4) residential units as-of-right within the urban service areas, promote upzoning and medium density housing forms. Planning application processes will be made more efficient through electronic portal solutions and extra support to local developers through added clarity on housing priorities and a design guidelines manual. 

Housing supply, specifically affordable housing, will be increased through a partnerships with Lennox and Addington County to increase the availability of housing for low and moderate-income residents. Lastly, a new Affordable Housing and Purpose-Built Rental Community Improvement Plan will be launched to reduce financial barriers and foster the development of affordable and purpose-built rental housing units.

The Government of Canada is making life more affordable for Canadians — and housing is key to our work. We will continue to work with provincial, territorial, and municipal governments, as well as Indigenous partners, to keep building more homes for Canadians, faster.

Quotes:

“Our government is committed to removing barriers and cutting red tape to enable housing development, and these partnerships with Ontario communities will do just that.” The Honourable Nathaniel Erskine-Smith, Minister of Housing, Infrastructure and Communities

 

“We are grateful to have been selected to receive federal funding through the Government of Canada’s Housing Accelerator Fund. This funding, along with partnerships with the County of Lennox and Addington, the development community, and our residents, will allow us to take meaningful steps toward increasing the supply of safe and affordable housing in Loyalist Township.”- Jim Hegadorn, Mayor of Loyalist Township

Quick facts:

  • Launched in March 2023, the Housing Accelerator Fund is a $4.4 billion initiative from the Government of Canada that will run until 2027-28. The first round of funding totalled $4 billion, and Budget 2024 added an additional $400 million to this program.

  • The Housing Accelerator Fund is part of Canada’s National Housing Strategy and Canada’s Housing Plan, the most ambitious federal housing plan in over 40 years.

Progress on programs and initiatives are updated quarterly on the Housing, Infrastructure and Communities Canada (HICC) website. The Housing Funding Initiatives Map shows affordable housing projects that have been developed.

  • As of September 2024, the federal government has committed $57.57 billion to support the creation of over 156,000 units and the repair of over 297,000 units. These measures prioritize those in greatest need, including seniors, Indigenous Peoples, people experiencing or at risk of homelessness, and women and children fleeing violence.

  • In Budget 2024, the federal government committed an additional $400 million to incentivize more local governments to fast-track home construction, resulting in an additional 12,000 new homes permitted over the next four years.