Apr 11th, 2019
STATEMENT: OCHC Reacts to the 2019 Ontario Budget
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Thursday, April 11th, 2019 (OTTAWA, ON) – Following the Minister of Finance of Ontario’s tabling of the 2019 Budget this afternoon, Ottawa Community Housing Corporation (OCHC) has issued the following statement:
Ottawa Community Housing Corporation thanks the Government of Ontario and the Honourable Vic Fideli, Minister of Finance, for tabling its 2019 Budget earlier today. From an affordable housing perspective, there are some important investments being made in this budget, and we commend the province on this. It is significant that the Government has included supportive housing in their new $3.8 billion investment into mental health and addictions. We also acknowledge that the Province is moving forward in its partnership with the Federal Government with the National Housing Strategy./
While the measures mentioned above are important, the need for affordable housing is vast. That is why OCHC was pleased to see that the Government of Ontario wishes to add to the Housing Supply Action Plan already under development, by creating a Community Housing Renewal Strategy. Although the Budget only presents the broad strokes of this strategy, OCHC looks forward to reviewing additional details on this program and assessing its potential impact once it is released.
OCHC continues to show itself as an industry-leading and innovative builder of affordable housing, and we will continue to be a partner with the Government of Ontario, and all levels of government, as we work collectively to meet the affordable housing needs of our City.
About Ottawa Community Housing Corporation
OCHC maintains nearly 15,000 homes to approximately 32,000 tenants, including seniors, parents, children, couples, singles and persons with special needs, within many communities across the City of Ottawa. OCHC houses a diverse population of varying languages, ethnicity and cultures. OCHC is the largest social and affordable housing provider in Ottawa, managing two-thirds of the City’s social housing portfolio, and is the second largest in Ontario. OCHC was selected as one of the National Capital Region’s Top Employers for the second consecutive year in 2019.
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