The Peterborough Examiner reports that, “Affordable housing advocates hoping for more funding for rent-geared-to-income subsidies or promises to build more affordable housing units were left disappointed by the long-awaited release of a provincial affordable housing strategy Monday.”
“Martha Macfie, a lawyer with the Peterborough Community Legal Centre and the local spokeswoman for the Housing Network of Ontario…expressed concern about the housing situation in Peterborough. ‘In Peterborough, even though our vacancy rates have gone up, the vacancies for any unit that could even remotely be considered affordable — those rates are low,’ she said.”
“Peterborough MPP Jeff Leal stressed that funding announcements will come in the future.”
“But after the local Council of Canadians chairman read the strategy, he had one question. ‘Where’s the money?’ Roy Brady said. ‘No money, therefore no guaranteed (affordable housing) supply. The municipality can do an awful lot of things but they’re always restricted by money, which means they can’t supply (housing). If the province can’t deliver money, what do we do?'”
The article is at http://www.thepeterboroughexaminer.com/ArticleDisplay.aspx?e=2867579.