CHF Canada –   Election on June 7:  What the parties’ are promising on affordable housing.

With the election only days away, the parties have each shared their plans for Ontario should they form government. While all parties acknowledge that housing is a big issue, they each have their own distinct policies to provide relief to Ontarians.

Below is a summary of the party plans and platforms on housing this election:

The Liberals have made several specific commitments for affordable housing, including co-ops.

Before the election began, the Liberal government signed on to the National Housing Strategy. This agreement between Ontario and the federal government will invest $4.2 billion over the next 10 years into affordable housing. It will continue funding for 240,000 social housing units, build approximately 20,000 new units of affordable housing, and fund repairs for approximately 21,000 existing social housing units.

The Liberals also included a $3 million dollar co-operative housing development fund, in the 2018 Budget, which will helps create competitive development proposals to access funding to build new co-op homes.

The Liberals plan to continue their $547 million Green Energy retrofit program over five years to repair and improve energy efficiency in the current stock of affordable housing.

The Progressive Conservatives have been focused on the supply side of the housing market and on homeownership.

The Ontario PC plan calls for “increasing the supply of affordable housing across the GTA while protecting the Greenbelt in its entirety.”[1]

It also commits to $3.8 billion in new support for mental health, addictions, and housing supports over 10 years.

The NDP have made several specific commitments for affordable housing, including co-ops.

The NDP have committed to honoring the National Housing Strategy bilateral agreement between Ontario and Canada. This agreement between Ontario and the federal government will invest $4.2 billion over the next 10 years into affordable housing. It will continue funding for 240,000 social housing units, build approximately 20,000 new units of affordable housing, and fund repairs for approximately 21,000 existing social housing units.

The NDP have also committed to funding a $3 million dollar co-operative housing development fund which help co-ops create competitive development proposals to access funding to build new co-op homes.

In addition, their platform also sets out the goal of building 65,000 new units of affordable housing over 10 years. 20,000 of those units would come from the National Housing Strategy, the additional 45,000 from provincial investments. The NDP also promises to build 30,000 units of new supportive housing over 10 years.

The NDP have committed to supporting municipalities with the cost of repairs for social housing by covering 1/3 of the cost for all repairs for the current social housing stock.

The Green party if elected to form government would bring in a mix of energy retrofits for all types of housing as well as invest in new affordable housing.

The party will honor the National Housing Strategy bilateral agreement. As mentioned earlier, this agreement between Ontario and the federal government will invest $4.2 billion over the next 10 years into affordable housing. It will continue funding for 240,000 social housing units, build approximately 20,000 new units of affordable housing, and fund repairs for approximately 21,000 existing social housing units.

The Green party platform on housing also includes a $4.8 billion four year Green building and business fund which will provide a mix of grants and interest free loans to business, homeowners, and renters to invest in energy conservation for their homes.

The Green platform makes references to an inclusionary zoning policy to require all new developments to earmark a minimum of 20% of new units as affordable. There will also be an additional $200 million dollar in the 2018 budget to go towards new developments of shelters, supportive housing, social and co-op housing.

[1] Ontario PC, (2018), Plan for the People. https://www.ontariopc.ca/plan_for_the_people