Affordable and Attainable Housing
Housing affordability and attainability remains a key focus of the Caucus. Across the EOWC’s region, there are approximately 12,000 to 14,000 units on municipal community rental housing wait lists. People are waiting an average of almost 5 years and up to 10 years in some cases to access these community rental housing units. As part of the Ontario Government’s goal of building 1.5 million homes by 2031, the EOWC is looking to do our part in increasing housing supply through our bold ‘7 in 7+’ regional housing plan.
The EOWC’s ‘7 in 7+’ regional housing plan proposes building at least 7,000 community rental units over seven years across the region to address the wait lists. The plan would require partnering with the Federal and Provincial Governments, as well as the private and non-profit sector, and Indigenous partners. Using a mixed-model approach, the ‘7 in 7+’ plan has the added benefit to bring on nearly 21,000 additional market rate units. This would total 28,000 housing units. The EOWC is moving ahead with the ‘7 in 7+’ plan and is currently working with KWM Consulting Inc. to create a business case to move forward effectively and sustainably.
The EOWC is also calling on the Provincial and Federal Governments develop a strong financial framework to support municipalities in order to better prepare, plan and implement housing and related support services.
In addition, the EOWC is advocating for upper orders of government to standardize language around housing and have clear streamlined definitions and provisions for both ‘affordable’ and ‘attainable’ housing.
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