January 12, 2024

City of Guelph to receive federal funding to help build more homes, faster

Guelph, Ont., January 12, 2024 – Today in Guelph, Prime Minister Justin Trudeau announced that the City of Guelph will receive $21.4 million to help increase housing supply through the Housing Accelerator Fund (HAF). This fund is a $4 billion initiative from the Government of Canada that provides local governments with funding to fast track the creation of new homes.

The funds will help the City incentivize the creation of 739 new housing units above the City average over the next three years. This work will reduce housing barriers and increase housing in Guelph, while supporting the development of affordable, inclusive, equitable and diverse communities. Read full news release.