RESCON says federal housing plan will help boost purpose-built rental construction
Vaughan, Ont., April 12, 2024 (GLOBE NEWSWIRE) -- The Residential Construction Council of Ontario (RESCON) is pleased that the Canada Housing Plan announced today contains measures that will help boost purpose-built rental housing but notes that first-time homebuyers are still left out of the market.
- Vaughan, Ont., April 12, 2024 (GLOBE NEWSWIRE) -- The Residential Construction Council of Ontario (RESCON) is pleased that the Canada Housing Plan announced today contains measures that will help boost purpose-built rental housing but notes that first-time homebuyers are still left out of the market.
- “Over the years, we have failed to produce enough purpose-built rental housing and are now paying the price for that.
- RESCON supports other measures in the government plan and commends the commitment to building 3.8 million homes by 2031.
- “If implemented properly, the plan will certainly help the situation by freeing up more land for housing.