Ontario Investing Over $1.8 Billion to Build More Homes

Hastings – Lennox and Addington — MPP Ric Bresee is pleased to announce that the Ontario government is investing more than $1.8 billion in housing-enabling infrastructure funding to help build at least 1.5 million homes by 2031.

This funding includes $1 billion for the new Municipal Housing Infrastructure Program and $625 million more for the Housing-Enabling Water Systems Fund, bringing its total funding to $825 million.

This new funding complements existing and ongoing provincial investments in housing- and community-enabling infrastructure, including the $1.2 billion Building Faster Fund, the original $200 million investment in Housing-Enabling Water Systems Fund and the investment of nearly $2 billion for the Ontario Community Infrastructure Fund since 2021–22.

“After a long period of advocacy, supported by our many local municipal leaders, I am very pleased to share that we have been successful in achieving a huge increase in funding for water and waste water infrastructure for municipalities of all sizes across the province,” said Hastings – Lennox & Addington MPP Ric Bresee.  “This funding will ensure that our rural communities can join in the housing growth that is so very needed to address affordability.  I want to thank Ministers Surma and Bethlenfalvy for showing that they are true partners with our small towns.” 

The government is giving municipalities the tools they need to build more homes faster and tackle the affordability crisis that is pricing too many people, especially young families and newcomers, out of the dream of homeownership.

In partnership with municipalities, Ontario will continue working hard to unlock housing opportunities and support growing communities. The province continues to call on the federal government to pay its fair share and help fund housing-enabling infrastructure investments, and support vibrant, growing communities.