Prime Minister Justin Trudeau announced that London, Ont., is the first city in Canada to reach a deal with his government under the Housing Accelerator Fund.He says the deal will create 2,000 new homes in the city over three years. 'This landmark agreement with London will be the first of many, and we look forward to working with all orders of government to help everyone find a place to call their own,' Trudeau said in a statement. London Mayor Josh Morgan said he wants the city's agreement to
Prime Minister Justin Trudeau announces $74 million in funding for London, Ont. under the Housing Accelerator Fund that he says will result in the construction of 2,000 housing units.
"This is the most significant housing and housing-related infrastructure investment in London's history," said Morgan, thanking his staff and council for their work on the deal. The agreement with London will see the city get $74 million in funding, allowing it to approve high-density developments without the need for rezoning, a statement from the prime minister's office said.Encourage home building by allowing four units to be built on a single property in low-density neighbourhoods.
The PMO statement says the fund encourages cities to build high density apartments around public transit to help seniors, students and families.
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