Proposed new fund would provide low-interest, early stage loans to builders and developers of affordable housing

The lack of affordable rental housing in Ontario is a hugely complex problem with no simple solutions but housing industry leaders gathered at a special lunch at Canoe Restaurant in Toronto earlier this week believe they have one idea that down the road will make a big difference — a self-sustaining fund to kickstart affordable housing developments in Ontario.

Based on a report developed by global consultancy Arcadis and commissioned by WoodGreen Community Services and the Building Industry and Land Development Association (BILD), the group is proposing the creation of a provincially backed Affordable Housing Revolving Fund (AHRF) that would provide low-interest, early-stage l

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