The province has unveiled a new plan it says will make home ownership more affordable in Ontario.
Called, More Homes, More Choice, the new plan promises a slew of legislative changes that would increase the supply of housing thus increasing the amount of choice for Ontario families.
“We’ve heard loud and clear from families across Ontario that finding housing that is affordable takes too long and costs too much,” said Steve Clark, Minister of Municipal Affairs and Housing. “After years of neglect by the former government, there is now a housing crisis in Ontario and the dream of ownership is out of reach for too many. Our plan will make it easier to build the right type of homes in the right places, giving Ontarians and their families more flexibility when looking for a home they can afford.”
The plan calls for the streamlining of the development approvals process, and the cutting of red tape for creating new rental housing options.