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Kenora, ON, Canada / 89.5 The Lake
Feb 5, 2021 7:08 AM
The Chief Administrative Officer of the Kenora District Services Board believes tweaking federal affordable housing programs could help address the homelessness crisis in our area.
Henry Wall was recently asked by government officials about the effectiveness of current programs.
Wall says the measurement of affordability determined by the Canada Mortgage Housing Corporation needs to be revisited.
“I think its really important that when we determine median market rents, in which the affordability component is measured on, that it is actually truly reflective of the community,” says Wall.
“We actually had to undertake our own studies just so that our housing is affordable.”
HALIFAX COVID-19 has made it slightly easier to find an apartment in the Maritimes. Vacancy rates are up ever so slightly except in Saint John which is good news for renters. As COVID-19 moved in, some renters moved out, or just never moved to the region at all. This year we saw reduced demand from international immigration and students as well, said Kelvin Ndoro of the Canada Mortgage Housing Corporation. A new report by Canada Mortgage Housing Corporation found vacancy rates across the Maritimes are up slightly, meaning there are more apartments on the market. It’s mostly due to the pandemic, Ndoro said. In Halifax, we saw a little bit of a reprieve but the market is still very tight.
The Globe and Mail Published January 13, 2021
DARRYL DYCK/The Canadian Press
For 50 years, Vancouver has been a predominantly renter city, and with the price of real estate what it is, that demographic will only grow bigger. That means government needs to step up its game in order to supply a growing region with the affordable and secure rental housing that it needs.
That will be the topic of a virtual panel discussion held jointly by Simon Fraser University (SFU) and the City of Vancouver, called Towards a More Equitable Housing System: Is Vancouver a City for Renters?
One of the event panelists is Evan Siddall, president and chief executive officer of Canada Mortgage & Housing Corporation. The CMHC, Mr. Siddall says, has helped reverse the significant decline that B.C. had seen in rental housing construction in the past several decades, since condominiums became more profitable when they started coming online in the 1970s.
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