Can Build Canada Homes make a dent in the housing crisis?
The new agency will face pressure from the development industry to give away public land or sell it cheaply; from big lenders to avoid borrowing rate competition by keeping the cost of capital high; and from housing co-operatives to transfer ownership of public land to them.
The new federal agency Build Canada Homes has identified a number of vital levers, including the costs of land and capital, in attaining more affordable housing for Canadians. Aimed at building housing the commercial market does not, it will focus on rental and supportive ho...
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