Richmond News
Possible cuts to a federal grant meant to support more housing could raise concerns for communities like Richmond.
In January, the Government of Canada announced the City of Richmond would receive $35.9 million through the federal Housing Accelerator Fund.
The fund aims to expedite more than 1,000 units of new housing over the next three years and 3,100 over the next decade.
On Oct. 28, Conservative Leader Pierre Poilievre called the housing accelerator fund a “disastrous program” and said his party would abolish it. …
Richmond Mayor Malcolm Brodie told the Richmond News that the $35.9 million is a “sizable grant” from the federal government that required “an extensive application” from the city.
“Any changes to (the) program are bound to have a negative effect on the building of housing,” said Brodie, adding the fund was intended to improve the housing situation amid a regional and provincial housing crisis. …