Affordable Housing and the Local Economy
Many communities across Canada are challenged with finding affordable housing for their residents. The rising cost of housing and the lack of affordable housing strongly impacts economic growth as employers try to find workers for their jobs and communities try to find homes for their residents. These issues have been exacerbated by the COVID-19 pandemic.
A number of national and regional studies have found that investments in affordable housing go beyond providing a home; they produce benefits in the form of jobs, local purchasing power and neighbourhood vitality.
This session will share the benefits of creating affordable housing in your community, provide examples of projects funded under Canada’s National Housing Strategy (NHS) and discuss how communities can access NHS funding to create affordable housing.
About the Speaker
Arlene Etchen is an Outreach Specialist in Canada Mortgage and Housing Corporation's Partnerships and Promotions Team. She has been working in the urban planning and real estate sectors for more than 20 years.
In her role, Arlene is focused on engaging with professionals in the housing industry, non-profit housing providers and provincial and municipal governments to ensure access to the latest and most relevant housing information from CMHC.