Build Canada Homes will be partnering with governments at all levels, so hopefully we'll see the Government of P.E.I. come forward with proposals and opportunities to build affordable housing in partnership.
Build Canada Homes will help finance projects that have deeper levels of affordability, all the way to supportive transitional housing. There's $1 billion that is earmarked to go to those who are at risk of homelessness or who are currently without a home, and to building transitional supportive housing in partnership with provinces.
We need the provinces to fund the wraparound services and the health services that are critical for stabilizing people coming off the streets and out of shelters. We'll see a significant investment in partnership with the provinces on that deep, core-need housing. I'm also very encouraged by the interest in seeing projects—social housing, co-op housing, workforce housing—again in partnership with provinces, in some cases cities or first nations, working with the non-profit sector on the operating side and with the private sector on the building side. I think it's using the strengths of all different sectors and strategically financing projects or portfolios of projects that get the most affordable housing built as fast as possible.
