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VisitWhich type of developer will lease the majority of federal properties for affordable housing by end of 2024?
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Government announcements, official leasing records
Trudeau Government to Lease 56 Federal Properties, Size of 2,000 Hockey Rinks, for Affordable Housing
Aug 25, 2024, 05:24 PM
The Trudeau government is taking significant steps to address Canada's housing shortage by identifying 56 federal properties for the development of affordable housing. These properties, which collectively represent an area equivalent to about 2,000 hockey rinks, will be leased to developers as part of the government's initiative to increase the availability of affordable homes. Prime Minister Justin Trudeau emphasized the urgency of the situation, declaring a commitment to building more homes on available federal lands. This move comes ahead of a cabinet retreat in Halifax, where further housing-related measures are expected to be discussed.
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