This session will focus on the development and financing of the Region of Peel’s Housing Master Plan which, when fully funded and implemented, could result in the development of more than 5,650 new affordable rental units, including 226 supportive and 60 emergency shelter beds. The plan maximizes the housing potential of 31 sites in the Region of Peel land and Peel Housing Corporation property portfolio. Recently, Peel reached an agreement with the Canada Mortgage and Housing Corporation for up to $276.4 million in federal funds to develop 2,240 of these units and beds by 2028.
