{"id":918359,"date":"2026-10-02T22:50:25","date_gmt":"2026-10-02T22:50:25","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/918359\/"},"modified":"2026-10-02T22:50:25","modified_gmt":"2026-10-02T22:50:25","slug":"red-tape-lack-of-coordination-delay-ottawas-affordable-housing-push","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/918359\/","title":{"rendered":"Red tape, lack of coordination delay Ottawa\u2019s affordable housing push"},"content":{"rendered":"<p>    <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/9310533c1dbb765dfc2e1be3c2104f5a65eea72615a1969b6723f7db0f26d6e0\/lightyear_networkapi\/resizefit_w960%3Bquality_80%3Bformat_webp\/https%3A%2F%2Fmedia.zenfs.com%2Fen%2Ffinancial_post_articles_610%2F12d5ee02f9c4ab85a34cc342fda545ac.jpg\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"housing7217.Ph.jpg\" height=\"720\" width=\"960\" class=\"yf-1f8hkhu loader\"\/><\/a> Build Canada Homes chief executive Ana Bail\u00e3o takes part in a housing announcement in Ottawa on Sept. 22, 2026. (Credit: Blair Gable\/Postmedia files)               <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Build Canada Homes, the federal government&#8217;s housing agency, committed to building 19,000 homes in its first year, 2,300 of which are currently under construction. It&#8217;s part of Ottawa&#8217;s effort to speed up the delivery of <a href=\"https:\/\/financialpost.com\/tag\/affordable-housing\/\" data-ylk=\"slk:affordable%20housing;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;affordable housing&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">affordable housing<\/a> across the country.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;We think sometimes to deliver <a href=\"https:\/\/financialpost.com\/tag\/housing\/\" data-ylk=\"slk:housing;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;housing&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">housing<\/a>, the only issue is funding, and it&#8217;s not,&#8221; said Build Canada&#8217;s chief executive Ana Bail\u00e3o during an Empire Club of Canada event in Toronto on Friday.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;Sometimes the issue is more on the delivery, the things not being aligned between governments, such as taking too long to take your permits and then funding doesn&#8217;t come at the same time,&#8221; she said.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The federal housing agency has struck 19 financial partnerships over the past year, including agreements with provinces and municipalities such as Quebec, British Columbia, Ottawa and Toronto. In addition to the 2,300 homes currently being built, there are about 3,000 supportive and transitional housing units, Bail\u00e3o said.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The agency has also helped unlock nearly $12 billion worth of investment and designated 24 sites across more than 1,100 acres of federal land for affordable housing.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Bail\u00e3o described the agency&#8217;s first year as &#8220;steady progress against stiff headwinds.&#8221;  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;If you ask me if I&#8217;m satisfied with the results, the answer is no,&#8221; she said. &#8220;But if you ask me if I&#8217;m encouraged, the answer is yes.&#8221;  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Bail\u00e3o said Build Canada is trying to address delays by getting governments and other partners aligned earlier. The agency has signed agreements with 10 provinces and territories and created implementation tables to coordinate projects, investments and priorities.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">She also previewed a yet-to-be announced partnership to build 1,000 affordable homes across several small and mid-sized communities. The initiative will bring together municipalities, a modular housing manufacturer, non-profit housing providers, financing partners and the provincial government.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;We are creating a multi-year, multi-project delivery system,&#8221; Bail\u00e3o said. &#8220;It is repeatable, it is scalable, and it stretches our public dollar much farther.&#8221;  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Benjamin Tal, deputy chief economist at CIBC Capital Markets, who moderated the discussion, said the stakes are high.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;We have been failing young Canadians,&#8221; Tal said. &#8220;And we have to change it.&#8221;  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">\u2022 Email: <a href=\"https:\/\/ca.finance.yahoo.com\/news\/mailto:shcampbell@postmedia.com\" data-ylk=\"slk:shcampbell%40postmedia.com;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;shcampbell@postmedia.com&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">shcampbell@postmedia.com<\/a>  <\/p>\n","protected":false},"excerpt":{"rendered":"Build Canada Homes chief executive Ana Bail\u00e3o takes part in a housing announcement in Ottawa on Sept. 22,&hellip;\n","protected":false},"author":2,"featured_media":918360,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194295],"tags":[15261,45,161,49,48,46,133,1828,1829,74172,1830,1831,39783,8123,20739,131,2519,968,1705,2511,1832,1833,176,74173,3322,74174],"class_list":["post-918359","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ottawa","tag-401k","tag-business","tag-business-news","tag-ca","tag-canada","tag-economy","tag-finance","tag-financial-information","tag-investing","tag-investment-tools","tag-investor","tag-market-news","tag-mortgage","tag-mutual-funds","tag-ottawa","tag-personal-finance","tag-quote","tag-real-estate","tag-retirement","tag-stock","tag-stock-research","tag-stock-valuation","tag-stocks","tag-suze-orman","tag-tax","tag-track-portfolio"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/918359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=918359"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/918359\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/918360"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=918359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=918359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=918359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}