Op-ed: A simple plan to help boost Canada’s affordable housing supply
Opinion piece by Mark Kenney, President & CEO CAPREIT and
Sam Kolias, Chairman and CEO of Boardwalk REIT
Published in The Financial Post on December. 30, 2023 Link to op-ed
A federal fund could allow non-profits to buy and maintain existing stock, freeing up private sector capital for reinvestment
Social housing is an essential component of affordable housing.
Read more about a way the federal government could protect the existing supply, and empower the preservation of more affordable housing across the country.
“We are proposing a way to help quickly expand the affordable housing inventory: creating a new federal fund to enable non-profits, charities and community land trusts to acquire existing apartment rental properties and maintain rents at affordable levels indefinitely.”
Published in The Financial Post on December. 30, 2023 Link to op-ed
More from Mark Kenney:
Op-ed: BC Landord – Canada’s Housing Crisis
https://www.capreit.ca/op-ed-canadas-housing-crisis/
Op-ed: As Canadian housing crisis rages on, is ‘financialization’ really to blame?
https://www.capreit.ca/op-ed-as-canadian-housing-crisis-rages-on-is-financialization-really-to-blame/
BNN Bloomberg Interview with Mark Kenney – The Housing Crisis in Canada
https://www.capreit.ca/bnn-bloomberg-interview-with-mark-kenney-the-housing-crisis-in-canada/
Canada’s next great economic boom can be unleashed by the power of housing, immigration, and labour
https://www.capreit.ca/canadas-next-economic-boom-can-be-unleashed-by-housing-immigration-labour/
BNN Bloomberg Interview with Mark Kenney – Incredible problems with lack of supply
https://www.capreit.ca/bnn-bloomberg-interview-with-mark-kenney-incredible-problems-with-lack-of-supply/
Celebrating 25 Years
https://www.capreit.ca/celebrating-25-years/
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