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  2. Housing affordability index - Wikipedia

    en.wikipedia.org/wiki/Housing_Affordability_Index

    A housing affordability index (HAI) is an index that measures housing affordability, usually the degree to which the median person or family in a particular country or region can afford housing/housing-related costs. [1] [2] [3] Housing affordability is one contribution to the cost of living in an area; measured by the cost-of-living index. [3]

  3. Affordable housing in Canada - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing_in_Canada

    By 2023, the low supply of housing including rental units, across Canada also caused rents to soar. [26] By 2022, with an unexpected demand coupled with a diminishing supply of residential real estate along with historically low interest rates—set during the pandemic to stabilize the economy—the price of housing rose sky high in Canada.

  4. Affordable housing - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing

    In the United States [21] and Canada, [22] a commonly accepted guideline for housing affordability is a housing cost, including utilities, that does not exceed 30% of a household's gross income. [23] Some definitions include maintenance costs as part of housing costs. [24] Canada, for example, switched to a 25% rule from a 20% rule in the 1950s.

  5. Housing, Infrastructure and Communities Canada - Wikipedia

    en.wikipedia.org/wiki/Housing,_Infrastructure...

    There are two programs managed by the department that have their own federal legislation: the Canada Strategic Infrastructure Fund, and the Canada Community-Building Fund (formerly the Gas Tax Fund). [3] On June 20, 2024, with the passing of Bill C-59, Infrastructure Canada was renamed Housing, Infrastructure and Communities Canada. [4]

  6. Affordable Housing and Groceries Act, Bill C-56 - Wikipedia

    en.wikipedia.org/wiki/Affordable_Housing_and...

    The Affordable Housing and Groceries Act, Bill C-56 (French: Loi sur le logement et l’épicerie à prix abordable) is a proposed legislation tabled in the House of Commons of Canada on 21 September 2023. [1] [2] The legislation has two parts. The first will temporarily remove the goods and services tax (GST) on new residential rental ...

  7. Rent regulation in Canada - Wikipedia

    en.wikipedia.org/wiki/Rent_regulation_in_Canada

    The Act repealed and replaced the Tenant Protection Act, 1997, and created the Landlord and Tenant Board as a replacement for the Ontario Rental Housing Tribunal. [3] Rent control in Ontario formerly only applied to units that were first built or occupied before November 1, 1991. [4] If the rental unit was in an apartment building constructed ...

  8. Public housing in Canada - Wikipedia

    en.wikipedia.org/wiki/Public_housing_in_Canada

    The Canada Rental Supply Program provided interest-free loans for 15 years to developers who agreed to allocate a proportion of units toward social housing initiatives. [3] In order to ensure that loans contributed to the provision of low income housing, the CMHC was restricted to giving loans amounting to $7500 or less per unit. [ 8 ]

  9. Affordable housing by country - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing_by_country

    The median homeowner without a mortgage (30% of all homeowners (80% of elderly homeowners) and 20% of respondents) spent $295 per month, or 10.5% of household income, on housing costs. [76] Renters in 2001 (32% of respondents) spent $633 each month, or 29% of household income, on housing costs. [77]