Kitchener Reaches $42.4M Housing Accelerator Fund Agreement

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Kitchener Reaches $42.4M Housing Accelerator Fund Agreement
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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.

The HAF funds will fast-track the creation of 1,216 housing units over the next three years in Kitchener, and spur the construction of more than 37,500 homes over the next decade.

"The only way for us to overcome the housing crisis is by tackling it together," said Valerie Bradford, Member of Parliament for Kitchener – Hespeler. "I am proud to see Kitchener and the federal government uniting to make a real difference within our community by ensuring that more affordable homes are built faster."intended to cut red tape and stimulate the creation of 100,000 new homes across Canada by 2026-2027.

"Tackling the housing crisis in Kitchener means everyone needs to work together, including all orders of government, the private sector, not-for-profit, educational institutions, and most importantly, Kitchener residents, to help build a stronger Kitchener, a stronger Ontario, and a stronger Canada," said Berry Vrbanovic, Mayor of Kitchener.

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