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Ontario Unveils $1.2 Billion Fund to Get Cities to Build Housing Faster

Premier Doug Ford Reveals Plan to Give Mayors More Power and Reward Construction
The Ontario Legislature in Toronto. The province announced plans Monday to create a $1.2 billion fund to reward municipalities for building housing faster. (CoStar)
The Ontario Legislature in Toronto. The province announced plans Monday to create a $1.2 billion fund to reward municipalities for building housing faster. (CoStar)
CoStar News
August 21, 2023 | 11:39 P.M.

Canada's largest province is launching a new $1.2 billion fund and increasing the power of local mayors as it looks to build 1.5 million homes in Ontario in the face of affordability challenges.

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