Housing and Homelessness Advisory Committee

That the agenda be approved.

That the Housing and Homelessness Advisory Committee recommend to Council the following: Whereas on April 12, 2024, the federal government released a new housing plan, “Solving the housing crisis: Canada’s Housing Plan”, listing three focus areas which include to build more homes, make it easier to rent or own a home, and to help Canadians who can’t afford a home; and Whereas section 1.3.2 of the 2023-2026 Council Strategic Plan commits to invest in affordable and supportive housing through investing capital funds, and leveraging provincial, federal, and partner funding to support the creation of 480 affordable and supportive housing solutions; and Whereas section 1.4.1 of the 2023-2026 Council Strategic Plan pledges to continue to support partners in implementing integrated solutions for vulnerable and unhoused populations; and Whereas municipalities can utilize financial investment tools to leverage local investment in order to achieve community development goals; and Whereas community bonds allow organizations including municipalities to mobilize capital from local investors to finance a variety of public projects and support infrastructure improvements, affordable housing, renewable energy projects; and Whereas residents and local organizations can invest directly in community projects, ensuring that the financial benefits, such as interest payments, remain within the community; and Whereas by involving local investors, municipalities can build a deeper connection between

That the meeting of the Housing and Homelessness Advisory Committee adjourn at 1:35 p.m.