Province investing $20,000,000.00 in important infrastructure to make sure new houses are related to dependable roadways
NEWS January twenty fourth, 2025
THORNHILL — The Ontario authorities is investing $20,000,000.00 in important infrastructure to facilitate the development of as much as 14,205 new houses within the Metropolis of Vaughan. The funding is being delivered by way of the Housing-Enabling Core Servicing Stream beneath the Municipal Housing Infrastructure Program, which incorporates $400 million to assist construct, restore and keep municipal roads, bridges and culverts that can promote housing development in communities throughout Ontario.
“This significant investment is a key step in addressing the housing needs of our growing community. By supporting the development of critical infrastructure, our government is not only ensuring that the City of Vaughan can accommodate new homes but also fostering long-term, sustainable growth,” mentioned Laura Smith, MPP for Thornhill. “This funding will help us build a stronger, more resilient region for residents now and into the future.”
The Metropolis of Vaughan will use the funding for a street widening challenge from Applewood Crescent to Jane Road. This challenge will unlock extra housing alternatives and assist financial development in Vaughan.
“To keep pace with growing communities across our province, our government is helping municipalities build more homes faster than ever before,” mentioned Kinga Surma, Minister of Infrastructure. “Families and residents need safe and reliable roads and bridges to access these homes and travel safely to and from their destinations. That’s why we are making targeted, local investments through the Housing-Enabling Core Servicing Stream to support the construction of municipal roads, bridges and culverts that keep residents safe and foster stronger, more connected communities across Ontario.”
The federal government can also be investing $175 million to launch the Well being and Security Water Stream beneath the Municipal Housing Infrastructure Program. This new stream will assist tasks that can shield houses and create resilient communities by constructing, rehabilitating and increasing ageing water, wastewater, stormwater, flood and erosion infrastructure.
By the Municipal Housing Infrastructure Program and the Housing-Enabling Water Techniques Fund, Ontario is offering practically $2 billion to assist housing- and community-enabling infrastructure and construct extra houses throughout the province.
QUICK FACTS
The federal government is investing $125.8 million beneath the Housing-Enabling Core Servicing Stream to tasks in small, rural and Northern municipalities that should not have housing targets. Of the overall 58 tasks receiving funding, 31 tasks will assist these communities.
Particulars on the Well being and Security Water Stream and eligibility can be found at ontario.ca/housinginfrastructure.
ADDITIONAL RESOURCES
QUOTES
“I welcome today’s announcement that the Province of Ontario is investing $20 million in Vaughan from the Housing-Enabling Core Servicing Stream under the Municipal Housing Infrastructure Program. This funding will help build more than 14,000 new homes in our city to support Vaughan’s growing population and accelerate this critical project, helping us build homes faster. The City of Vaughan is also contributing more than $22 million to this vital initiative. Working together to make housing more affordable is a critical priority. I want to thank Premier Doug Ford and MPP Laura Smith for their continued support and advocacy as we move forward to create more affordable housing options for young families looking to build their life here in Vaughan.”
Mayor Steven Del Duca, Metropolis of Vaughan
MEDIA CONTACT
Workplace of MPP Laura Smith- Thornhill
[email protected]
905-731-1178
