Canada will allocate 31,600 million dollars to a national housing plan

The Canadian government announced today that it will allocate 40,000 million Canadian dollars (31,600 million US dollars) to a national housing plan to alleviate the serious lack of Affordable housing.

Toronto (Canada), Nov. 22 (EFE) .- The Canadian government announced today that it will allocate 40,000 million Canadian dollars (31,600 million US dollars) to a national plan of housing to alleviate the serious lack of affordable housing.

The plan, which was announced today in Toronto by Canadian Prime Minister Justin Trudeau, includes the construction of 100,000 Affordable housing, the repair of another 300,000 social units that already exist and the reduction of the number of homeless people by 50%.

The Canadian Government also wants protect 385,000 homeowners so they can maintain affordable housing and provide financial assistance to 300,000 households through a fund called Canada Housing Benefit.

The fund will provide families in need with an annual rental subsidy of up to Can $ 2,500 (US $ 1,975).

The subsidy will start at applied from the year 2020 and will end in 2028.

Trudeau said in presenting the plan that "housing rights are human rights, everyone deserves a safe place and affordable to call home. "

The lack of affordable housing in cities like Toronto, Vancouver or Calgary has become a serious problem for many families.

The leader of the opposition New Democratic Party (NPD), of social-democratic orientation, Jagmeet Singh, who criticized the Canadian Government's plan for being insufficient, declared that there is a serious Affordable housing crisis across the country.