Federal funding for new rental units awarded to Regina
Regina is one of 41 municipalities chosen by Ottawa to receive funding to support the development of new affordable rental units.
The support is part of the third round of the Rapid Housing Initiative (RHI) Cities Stream, which is provided by the Canada Mortgage and Housing Corporation (CMHC).
“Addressing homelessness and housing insecurity requires collaborative and collective efforts from all levels of government and the non-profit sector. The ongoing support from the federal government through the Rapid Housing Initiative will positively contribute to Regina in helping to build a better future for all our residents,” Mayor Sandra Masters said in a release.
On Wednesday Regina City Council gave the green light for the city’s administration to receive funding from CMHC.
Administration will also now need to enter into a partnership with a non-profit housing group and secure a future building location.
A proposal from the city to CMHC must be submitted before March 15, 2023.
The city said once it receives approval to go ahead with the project it must be completed within 18 months’ time.
Currently the city anticipates to have the project completed by late 2024.
CTVNews.ca Top Stories
Ottawa injects another $36M into vaccine injury compensation fund
The federal government has added $36.4 million to a program designed to support people who have been seriously injured or killed by vaccines since the end of 2020.
'Secret report' or standard research? B.C. government addresses safe supply allegations
B.C.’s premier and one of his top lieutenants are pushing back against allegations by the Official Opposition that he covertly commissioned a report into the diversion of safe supply drugs onto the streets.
Video shows suspects waving weapons, smashing glass in Toronto jewelry store robbery
Arrests have been made after five men were captured on video rampaging through a jewelry store in Toronto, waving weapons and smashing glass display cases.
'My stomach dropped': Winnipeg man speaks out after being criminally harassed following single online date
A Winnipeg man said a single date gone wrong led to years of criminal harassment, false arrests, stress and depression.
She was too sick for a traditional transplant. So she received a pig kidney and a heart pump
Doctors have transplanted a pig kidney into a New Jersey woman who was near death, part of a dramatic pair of surgeries that also stabilized her failing heart.
What Canadians think of the latest Liberal budget
A new poll suggests the Liberals have not won over voters with their latest budget, though there is broad support for their plan to build millions of homes.
opinion Why you should protect your investments by naming a trusted contact person
Appointing a trusted person to help with financial obligations can give you peace of mind. In his personal finance column for CTVNews.ca, Christopher Liew outlines the key benefits of naming a confidant to take over your financial responsibilities, if the need ever arises.
'One of the single most terrifying things ever': Ontario couple among passengers on sinking tour boat in Dominican Republic
A Toronto couple are speaking out about their 'extremely dangerous' experience on board a sinking tour boat in the Dominican Republic last week.
Teacher shortages see some Ontario high school students awarded perfect grades on midterm exams
Students at a high school in York Region have been awarded perfect marks on their midterm exams in three subjects – not because of their academic performances however, but because they had no teacher.