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The Affordable Housing Initiative (AHI), operating from 2001 to 2011, was an intergovernmental multilateral housing initiative on affordable housing in Canada. [63] The federal government, working through the CMHC, provided funding for the supply of new affordable rental housing under the Affordable Housing Program with CA$1 billion from 2001 ...
Toronto Community Housing Corporation (TCHC) is a public housing agency in Toronto, Ontario. It is the largest social housing provider in Canada with over 58,000 units across 2,100 buildings and approximately 105,000 residents. [1] It is the second-largest housing provider in North America, behind the New York City Housing Authority. [2]
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.
Rent regulation was first introduced in Ontario under the National Housing Act, 1944. The Residential Tenancies Act, 2006 is the current law in Ontario that governs landlord and tenant relations in residential rental accommodations. [2] The Act received royal assent on June 22, 2006 and was proclaimed into law on January 31, 2007.
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 ]
Multifaith Housing Initiative (MHI) is a charitable organization based in Ottawa, Canada.MHI's mission is to provide and promote affordable housing, to encourage harmonious relations amongst tenants of diverse backgrounds, and to mobilize the resources of faith communities and others for these purposes.
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