Carney Announces $400M Joint Fund with City of Ottawa for Affordable Housing
The $400 million federal-municipal investment will waive local charges on 2,000 homes and finance 1,000 non-market units to speed affordable housing in Ottawa.
- On Dec. 8, 2025, Prime Minister Mark Carney announced the federal government and the City of Ottawa will invest $400 million to build up to 3,000 affordable homes in Ottawa.
- The City of Ottawa agreed to reduce or waive development charges, permit fees and property taxes on priority projects to speed construction and lower local costs.
- Build Canada Homes, the new federal agency, will finance 2,000 units on federally owned land and 1,000 non‑market housing units in Ottawa's portfolio.
- Carney says construction will begin next year, with officials aiming to break ground then, and the announcement included a $400 million investment, a $1.2 million addiction pilot, and Hillier's appointment.
- Carney described the approach as a national model, saying fast‑tracking approvals and building on federal and municipal lands serves as a model for the country.
29 Articles
29 Articles
Carney announces $400M joint fund with city of Ottawa for affordable housing
Breaking News, Sports, Manitoba, Canada
The City of Ottawa and the Government of Canada are announcing a joint investment of $400 million to accelerate the construction of affordable housing in the federal capital. The agreement, signed by Prime Minister Mark Carney and Mayor Mark Sutcliffe at the Mayor's luncheon, makes Ottawa the first municipality to enter into an agreement with the federal House Canada program. This funding is aimed at the rapid creation of 3,000 additional housin…
Jackson Building downtown could be part of affordable housing solution in Ottawa, PM says
The Jackson Building in Ottawa’s downtown core could be one federal property earmarked for conversion to affordable housing as the City of Ottawa and the federal government work to create more affordable and mixed-use housing in the nation’s capital. At a Mayor’s Breakfast event on Monday morning, Ottawa Mayor Mark Sutcliffe was joined by Prime […] Already an Insider? Log in Get Instant Access to This Article Become an Ottawa Busines…
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