The Region of Peel has unveiled a rather ambitious 10-year housing and homelessness plan aimed at creating a network of local affordable housing supply that will hopefully keep up with rising demand.
The Housing Master Plan includes the development of 5,700 affordable rental and emergency units across Brampton, Mississauga and Caledon. This makes it the largest housing infrastructure plan ever developed in the region.
There are also plans that give the private and public sectors some incentive to build, using existing stock to increase housing options, and shifting to needs-based service delivery.
Currently 13,500 Peel households are on the wait-list for a housing subsidy, with 903 placed from the waitlist in 2018, and 70 per cent of low-income and 30 percent of middle-income households in Peel live in housing they can’t afford.
Peel Region currently has a paltry 965 new affordable housing units in development or recently completed. -CINEWS