Co-ops are key to solving Ontario’s housing crisis
Published February 23, 2023
CHF Canada has been hard at work advocating for investments to grow and support housing co-ops. This week, we released our submissions on the 2023 Federal Budget and 2023 Ontario Budget.
Our Ontario budget submission outlines our recommendations for how to create more co-op homes as a solution to the housing crisis, ramp up programs to support existing housing co-ops, and support Indigenous-led housing solutions.
2023 Ontario Budget Pre-Budget Submission
TIME FOR ACTION: Solving Ontario’s affordable housing crisis
Our Ontario budget submission outlines three key recommendations for the provincial government:
- CREATE AT LEAST 99,000 permanently affordable co-op and non-profit homes. Ontario needs to take a leadership role in addressing the affordable housing crisis and significantly increase the number of co-op and non-profit homes.
- ENSURE the new Service and Exit Agreement framework for co-ops and non-profits delivers on providing better homes and a more efficient system. Half of the co-ops in Ontario will reach the End of Mortgage over the next ten years. The provincial government needs to ensure these co-ops are able to continue to provide affordable housing for future generations.
- DEVELOP and FULLY FUND a for-Indigenous, by-Indigenous urban, rural, and northern housing strategy for Ontario. A fully funded strategy is needed to address the housing disparity experienced by Indigenous people and the lasting impacts of racism, colonialism, and intergenerational trauma.
Don't miss out on the latest co-op news, success stories, and helpful resources for your co-op. Sign up here to receive our eNews every two weeks straight to your inbox!