Ontario Housing Growth

Ontario Housing Growth; $305,726,435 in loans and $129,556,363 in contribution through the Affordable Housing Fund (AHF), Which will help create 2,319 new units across 38 projects. With repairs to be made over 1,047 units $435,282,798 / P-38 = $11,454,810 / H-3,366 = $3,403; $118,750 in loans and $96,277,828 in contribution through the Affordable Housing Innovation Fund (AHIF), Which will help create 3,671 new units across 7 projects. $96,396,578 / P-7 = $13,770,939 / H-3,671 = $3,751; $1,444,846,000 in loans through the Apartment Construction Loan Program (ACLP), Which will help create 3,306 new rental units Across 15 projects, with affordability conditions. $1444,846,000 / P-15 = $96,323,066 / H-3,306 = $29,135; $7,890,445 in loans and $38,790,919 in contribution through the Canada Greener Affordable Housing (CGAH), which will help repair 10,615 units across 161 projects. $46,681,364 / P-161 = $289,946 / H-10,615 = $27.31; $85,813,344 in contribution through the Rapid Housing Initiative (RHI), Which will help create 246 new units and repair 45 units through 11 projects. $85,813,344 / P-11 = $7,801,213 / H-291 = $26,808; $9,949,984 in contribution through the Federal Lands Initiative (FLI), Which will help create 1,168 new units across 2 projects. $9,949,984 / P-2 = $4,974,992 / H-1,168 = $4,259; Total $2,118,970,068 / H-22,417 = $94,525 / P-234 = $403.95