Mr. Speaker, I am pleased to have the opportunity to talk about our government's commitment to housing. From our very first day in office, we have been clear that all Canadians deserve to live in dignity, with a roof over their heads.
We also recognize that the affordable housing shortage is one of the biggest challenges our country faces as we also work on securing an economic recovery. This issue was exacerbated by the pandemic, and we will continue to make unprecedented investments in fixing it. Our government is committed to working with its partners to deliver real results, such as increasing the number of affordable housing units and putting an end to chronic homelessness.
That is why we developed Canada's first-ever national housing strategy. It is a 10-year plan supported by investments of more than $72 billion.
The strategy funded a housing complex located in Brockville, in the riding of my colleague from Leeds—Grenville—Thousand Islands and Rideau Lakes. Together with the provincial government, we invested $2 million in joint funding to create 88 new affordable housing units for seniors in the community. These seniors will have stable and affordable housing, pay rent based on their income and be able to remain in their community, close to family and friends.
We have also negotiated bilateral agreements with every province and territory. As my colleague may know, Ontario was the first province to sign an agreement with us under the Canada housing benefit. This program helps low-income families pay their housing costs and is supported by a joint investment of up to $1.4 billion over nine years. Since it was launched on April 1, 2020, more than 5,200 households have had their applications approved.
As stated in our throne speech, we are committed to continuing our efforts to make housing more affordable. Our government is making significant, sustainable investments in housing because everyone deserves a safe and affordable place to call home.
It will be a pleasure for me to work with my opposition colleague on housing, an issue that concerns us both.