Ontario Increasing Affordable Housing in Oakville
Proposed Land Transfer Includes Commitment for New Housing Units
Ontario is transferring 128 hectares of provincially held lands to the Town of Oakville, supporting the creation of affordable housing and protecting access to green space.
Lands being transferred include a portion currently leased to the Deerfield Golf Course as well as the protected green space known as the 14 Mile Creek conservation lands. As part of the transfer, the province will require the protection of recreation and conservation areas, in addition to supporting the building of affordable housing units within the Town of Oakville.
Building new affordable housing and protecting green space are part of Ontario's plan to support care, create opportunity and make life more affordable during this period of rapid economic change. The plan includes a higher minimum wage and better working conditions, free tuition for hundreds of thousands of students, easier access to affordable child care, and free prescription drugs for everyone under 25, and 65 or over, through the biggest expansion of medicare in a generation.
- As part of this land transfer, the Town of Oakville is required to commit $29 million for affordable housing units within the town’s boundaries. The transfer is anticipated to take place in the coming year.
- Ontario's Fair Housing Plan includes a comprehensive package of measures to help more people find affordable homes, increase housing supply, protect buyers and renters and bring stability to the real estate market.
- Protecting green space is part of the Climate Change Action Plan, Ontario's strategy to cut greenhouse gas pollution to 15 per cent below 1990 levels by 2020, 37 per cent by 2030 and 80 per cent by 2050.
“Infrastructure investments are key to improving quality of life and building affordable, liveable communities. Our government is leveraging surplus public properties to ensure more affordable housing is built in communities across the province.”
“Unlocking surplus provincial land for affordable housing is part of Ontario’s Fair Housing Plan. Our priority is to make sure that everyone has safe, affordable and suitable housing. This action by our government will mean more families in Oakville will have a place they can call home.”
“Protecting green space is a top priority especially the conservation lands near 14 Mile Creek in Oakville, which will ensure future generations will have wonderful trails and recreation areas to enjoy for years to come.”