Annual housing report on state of affordable housing has been released
“Where’s Home,” an annual joint publication of the Ontario Non-Profit Housing Association and the Cooperative Housing Federation of Ontario, is now available. The report examines affordable housing in 22 communities in Ontario. It provides information on vacancy rates over the past 10 years and provides statistics for rental housing availability, demand, and affordability. According to the report, 142,000 households are on waiting lists for affordable housing, 20 percent of Ontarians are spending more than half of their income on housing, and this figure goes up to 65 percent for food bank clients.
The report highlights the importance of the upcoming long-term affordable housing strategy being developed by the Ontario government, citing it as an important component of the poverty reduction strategy, as well as a vital element for economic growth and recovery.
See “Where’s Home,” May 31, 2010, available at www.onpha.on.ca.