Federal government announces a $1.2 billion loan support to boost the rental construction housing in Toronto

The Canadian federal government has unveiled a $1.2 billion investment in the form of low-interest repayable loans to support the construction of over 2,600 rental homes in Toronto. This funding will be allocated to seven projects through the Rental Construction Financing Initiative, aiming to create a total of 71,000 new rental units nationwide by 2027-28. … Continue reading Federal government announces a $1.2 billion loan support to boost the rental construction housing in Toronto