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January 3, 2024
Ontario Construction News staff writer
Mississauga will receive $112.9 million from the federal government to encourage new home and infrastructure construction over the next three years. With the addition of these new units, the city expects to approve permits for more than 13,000 new homes by 2026.
“This direct funding will help cities like Mississauga who are on the front-lines of the housing crisis fast track the building of new homes,” Mayor Bonnie Crombie said in a statement “Given the severity and the complexity of this crisis, we need to be bold, work quickly and use every tool available to us.
“This also means ensuring we are innovative and are building the right mix of housing, including the ‘missing middle’ in our neighbourhoods. We are grateful to the federal government for their confidence in our housing plan and their commitment to ensuring that everyone who wants to call Mississauga home can afford to do so.”