Provincial-Municipal Housing Summit Seeks Solutions to Build More Homes
Today, Premier Ford and Minister Clark hosted a Provincial-Municipal Housing Summit with big city mayors and regional chairs to discuss the housing supply crisis and how the government can coordinate efforts to increase the supply of homes across the province, so that all hardworking Ontarians can find the home that meets their needs and budget.
After a decade of mismanagement and inaction under the previous government, the housing crisis in Ontario will not be solved overnight or in one meeting – addressing housing supply is a long-term strategy that requires long-term commitment, collaboration, and coordination.
Today’s Summit was an important next step to identify what additional measures we can take to increase the supply of housing and make it easier for Ontarians and their families to find a home that meets their needs and budget.
During the summit, Premier Ford announced more than $45 million for a new Streamline Development Approval Fund to help Ontario’s 39 largest municipalities modernize, streamline and accelerate processes for managing and approving housing applications.
- For example, municipalities can use the funding to implement online systems that make it easier for applicants to navigate the development approvals process, manage their applications and receive timely status updates.
The government also announced over $8 million through the Audit and Accountability Fund to help large urban municipalities identify potential savings and efficiencies through third-party reviews to further accelerate the creation of new housing and modernize municipal services.
At a time when our province is growing, the government will continue to use every tool we have to help municipalities get more homes built faster to help more families realize the dream of home ownership.
Finally, as an additional measure to help build more homes faster, the province also committed to work with the municipal sector to develop a data standard for planning and development applications to help accelerate approval timelines.
Learn More: https://news.ontario.ca/en/release/1001442/ontario-municipal-summit-seeks-solutions-to-build-more-homes
To View Remarks from this historic event, please visit the Premier’s official YouTube channel