Cision
Today, the Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion, Wilson Miao, Member of Parliament for Richmond Centre, Parm Bains, Member of Parliament for Steveston-Richmond East, and Malcolm Brodie, Mayor for the City of Richmond announced $9.1 million in funding for Richmond, one of the 41 recipients of the third round of the Rapid Housing Initiative’s (RHI) city stream. This investment is set to help create at least 18 new units.
This is made possible by the Government of Canada’s additional investment of $1.5 billion through RHI, bringing the program’s total to $4 billion to support the country’s most vulnerable. This investment is expected to create at least 4,500 more affordable housing units for Canadians in severe housing need across the country, with 25% of investments going towards women-focused housing projects. …
“Increasing the supply of affordable housing remains a priority for the City of Richmond, and we have made significant progress in creating new affordable homes across the city since adopting our first Affordable Housing Strategy over a decade ago. This funding is an important opportunity to provide even more affordable rental housing in Richmond and we will continue to work with our government partners to establish affordable and accessible housing throughout our community.”
– Malcolm Brodie, Mayor of Richmond …