Ontario partners with Toronto and Habitat for Humanity to build modular homes
AI Article Summary
The Government of Ontario, in partnership with the City of Toronto and Habitat for Humanity GTA, is constructing 33 modular homes in a six-story condominium at 355 Coxwell Avenue. This initiative aligns with the Ontario-Toronto New Deal, utilizing surplus properties for affordable housing. The homes are aimed at income levels between the 60th and 70th percentile in Toronto, with a maximum contribution of $500,000 in 2025. Construction is set to begin shortly, with sales starting next year and homes ready by mid-2027.
What This Means for Canadian Contractors
This project shows how modular construction can play a vital role in addressing housing affordability, leveraging partnerships between government and non-profit organizations. For Canadian builders, this means increased demand for modular building skills and potential growth in the prefab construction sector. It also indicates a growing importance of collaborative approaches and strategic use of surplus land in urban areas, influencing future zoning and permitting processes.
