$1.5B federal co-op housing program expected to add thousands of homes

Housing Minister Sean Fraser has announced the launch of a $1.5-billion co-operative housing development program that the federal government promised in its 2022 budget.

The federal government said the program was co-designed with the Co-operative Housing Federation of Canada — which represents more than 900 co-ops across the country — as well as other leaders in the sector. The program is one element of a plan released this spring outlining the federal government’s plans to tackle housing affordability.

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