Zoe Demarco is a Staff Writer at STOREYS and was formerly the Urbanized Editor at Daily Hive. Born and raised in Toronto, she has a passion for the city's ever-changing urban landscape.
Halifax will receive $79.3 million to help fast-track the building of 2,600 new housing units over the next three years.to provide the Halifax Regional Municipality with $79.3 million to help fast-track the building of 2,600 new housing units over the next three years and spur construction of more than 8,866 homes over the next decade. is a $4B initiative intended to speed up the creation of 100,000 new homes across Canada by 2026-2027.
"Tackling housing affordability requires focused attention from all orders of government," said Andy Fillmore, Member of Parliament for Halifax. "With this funding announcement from the federal government, HRM will be able to get rid of key bottlenecks that have hindered the construction of much needed homes in our city, proving that working together is how you get real results.
The city will also encourage development along transit corridors, expand the current Affordable Housing Grant program, and update its heritage preservation policy. Buyers stuck to the sidelines in September, leading home prices and sales to fall across Canada as new listings edged up.The City of Mississauga voted against allowing fourplexes on Wednesday, a move the federal Minister of Housing called "very concerning."The property is located on Edgehill Road — one of the most prestigious roads in Toronto — and the estate is, indeed, impressive.
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