File image

Clarington claims from $400mn provincial housing fund

The Municipality of Clarington has announced that it has met its 2023 provincial target for new housing starts with 953 units, according to a report from staff for the council.

In March 2023, Clarington signed a pledge to support the creation of 13,000 residential units by 2031, as part of the province’s commitment of 1.5 million new units across Ontario during that period.

By meeting its 2023 target, Clarington is eligible to receive funding from Ontario’s Building Faster Fund (BFF), a new three-year, $1.2 billion program that will provide up to $400 million per year to municipalities that meet or exceed their annual housing targets, said the municipality.

It said the council has directed the funding to the Parks and Infrastructure Fund to support implementation of the recommendations of the Parks, Recreation and Culture Master Plan, which will be presented to council in 2024.

You May Also Want To Read

Geotechnical works for GO expansion to impact Bloor, 401

Bowmanville West Beach to be part of new waterfront development?

Vote on Nova’s Ark exemption request on January 29

Break-in suspect assaults houseowner who returns home

Owners to pay $50 per cart left on city property by shoppers

Share with:

Leave a Reply