Affordable housing and homelessness support
Partnership across all levels of government will be critical to meeting core housing needs in Peel.
The scale of this challenge goes far beyond what Peel Region alone can pay to meet the community’s housing needs.
While building new affordable units to address this crisis is key, building alone cannot solve the problem quickly, and Peel Region cannot do it alone.
Actions we're taking
Affordable housing
A lack of affordable housing is impacting individual and community well-being in Peel communities.
We continue to advocate to the federal and provincial governments for the following support:
- Increased allocation-based funding to support the Peel Community Housing Development Program in order to create affordable rental housing and shelters.
- Provincial funding for state of good repair costs to maintain existing affordable housing.
- Funding for wrap-around supports and expanded social programs is required to enhance housing stability and manage high housing costs.
- Greater access to the Housing Accelerator Fund.
In addition, to further improve housing affordability, we encourage the Province to:
- Encourage the use of housing for homes.
- Increase the supply of new affordable housing in complete communities.
- Expand the scope of social programs to help families carry high housing costs.
Homelessness
We continue to address this issue with compassion by:
- Allowing anyone in need to access Peel Region shelters.
- Offering programs and services to support some of Peel's most vulnerable residents.
We need to close the funding gap.
We need ongoing and long-term funding from all levels of government to address homelessness and meet affordable housing needs in Peel.
Peel Region’s housing funding gap is $4 billion over the next 10 years to simply maintain today’s level of services.
This means that presently, funding meets only about 19% of Peel’s housing needs, and less than one in 5 households are able to get the help they need.
To close this gap, we must receive adequate and sustainable funding for Peel’s affordable housing system. This level of funding is essential to support clients, maintain existing housing assets, and provide and expand new affordable and supportive housing.
