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Investment in affordable housing

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Ontario signed an agreement with the federal government to extend the investment in affordable housing program. More than $801 million in new funding will be available over the next 5 years to improve access to affordable housing that is suitable and sustainable for households across Ontario.

2016 Social infrastructure fund

The 2016 federal budget announced the federal government’s Social Infrastructure Fund, which increased the funding commitment under the current Investment in Affordable Housing (IAH) program (totalling $168.3 million over 2 years):

  • $67.2 million funding for the construction and renovation of affordable housing for seniors
  • $209.3 million funding for the renovation and retrofit of social housing in 2016-2017
  • $27.9 million funding for the construction and renovation of shelters and transitional housing for survivors of domestic violence

The Province is matching the increase to the IAH Program over a 3 year period, resulting in over $640 million in new housing funding through the 2016 SIF for Ontario.

The program guidelines describes the various program components for the additional IAH funding and seniors funding (to be delivered as one program), and the program requirements for the renovation and retrofit of social housing program – the Social Housing Improvement Program.

More information