Skip to content
CMHC Home Canada Mortgage
and Housing Corporation
  • Sign In or Register
  • Français
  • MENU
MENU
× Français
  • Home
  • Professionals
    • Project funding and mortgage financing
      • Funding programs
        • Affordable Housing Fund
        • Affordable Housing Innovation Fund
        • Apartment Construction Loan Program
        • Canada Greener Affordable Housing
        • Community (social) housing
        • Federal Lands Initiative
        • Funding for Indigenous housing
        • Housing Supply Challenge
        • Innovation and research
        • National Housing Strategy Project Profiles
        • Rapid Housing Initiative
      • Mortgage Loan Insurance Products
        • Homeowner and Small Rental Mortgage Loan Insurance
          • CMHC Purchase
          • CMHC Improvement
          • CMHC Income Property
          • CMHC Refinance
          • CMHC Newcomers
          • CMHC Self-Employed
          • CMHC Portability
          • Eco Products for Lenders
        • Multi-Unit and Rental Housing
          • MLI Select
        • Default, claims and properties for sale
        • Underwriting centre
        • emili
        • NHA approved lenders
        • Calculating GDS / TDS
        • How to recognize and report mortgage fraud
        • Contact mortgage loan insurance
        • Insured Mortgage Purchase Program (IMPP)
      • Securitization
        • NHA Mortgage Backed Securities
        • Canada Mortgage Bonds
        • Canadian registered covered bonds
        • Blockchain in the housing industry
    • Housing markets, data and research
      • CMHC Reports Calendar
      • Housing markets
        • Housing market reports
        • Mortgage market and consumer reports
        • Fall 2024 Rental Market Report
      • Housing research
        • Consultations
          • Prohibition on the Purchase of Residential Property by Non-Canadians Act
            • Prohibition on the Purchase of Residential Property by Non-Canadians Act – Frequently asked questions
        • Housing research reports
        • Housing surveys
          • Mortgage consumer surveys
        • Research awards and scholarships
        • Understanding core housing need
        • Collaborative Housing Research Network
      • Housing data
        • Data tables
          • Household characteristics data
          • Housing market data
          • Mortgage and debt data
          • Rental market data
        • Housing market information portal
        • Residential Mortgage Industry Data Dashboard
        • CMHC licence agreement for the use of data
        • Housing Knowledge Centre
    • Industry innovation and leadership
      • Housing innovation
      • Our Partners
        • Partnerships
        • Federal, Provincial and Territorial Forum on Housing
      • Industry collaboration
        • Expert Community on Housing (ECoH)
      • Industry expertise
        • Affordable housing
        • Indigenous housing
        • Senior housing
        • Accessible and adaptable housing
        • Developing sustainable housing
        • Resources for mortgage professionals
        • CMHC newsletters
    • Events and speakers
      • Conferences
        • 2024 National Housing Conference
          • About
          • National Housing Conference - Agenda
          • Location
          • InnoZone
          • Details for participants
      • Speakers’ bureau
        • Kevin Hughes
  • Consumers
    • Buying a home
      • Homebuying calculators
        • Mortgage calculator
        • Affordability calculator
        • Debt service calculator
      • Buying guides
        • Homebuying step by step
        • CMHC's condominium buyer's guide
      • Mortgage loan insurance for consumers
        • What is CMHC mortgage loan insurance?
        • Do I qualify for mortgage loan insurance?
        • CMHC mortgage loan insurance costs
        • CMHC's Eco Products
          • CMHC’s Eco Improvement
          • CMHC Eco Plus
        • CMHC — home renovation financing options
        • FAQs — mortgage loan insurance
      • Incentives for homebuyers
      • Newcomers
      • The First-Time Home Buyer Incentive
    • Owning a home
      • Manage your mortgage
        • Mortgage fraud
        • Mortgage planning tips
        • Plan and manage your mortgage
        • Your credit report
        • Your home value
      • Aging in place
        • Housing options for Seniors
        • Housing and finance tips
        • Mortgage financing options for people 55+
        • Preventing fraud and financial abuse
    • Renting a home
      • I want to rent
        • Things to consider before renting
        • Types of housing for rent in Canada
        • Finding or advertising a rental property
        • Visiting the rental property
        • Lease and rental agreements
        • Signing the lease
        • Credit checks and bad credit
        • Rental payments and deposits
        • Roommates and pets
      • I am renting
        • Moving day
        • Landlord/Tenant responsibilities
        • Inspections
        • Maintenance and repairs
        • Complaints and evictions
        • Rent increases
        • When you can't pay rent
        • Renewing or terminating the lease
        • Moving out
      • One-Time Top-Up to the Canada Housing Benefit
      • COVID‑19: eviction bans and suspensions to support renters
  • About CMHC
    • CMHC’s goals, values and commitment to housing
    • Discover Life at CMHC
    • Management and governance
      • Speakers’ bureau
      • CMHC's Annual Public Meeting
      • CMHC’s board of directors and committees
      • Our management committee
      • Pension governance
        • Pension overview
        • Key roles and responsibilities
        • Annual reports
    • Corporate reporting
      • CMHC’s 2023 Annual Report
      • Program evaluation
      • Quarterly financial reports
      • Joint auditors special examination report to CMHC board 2018
      • CMHC’s Insured Mortgage Deferral
      • Corporate Plan Summary
      • Transparency
        • Access to information and privacy protection
        • Accessibility at CMHC
        • Accessibility feedback process
        • Briefing materials
        • Procurement
          • Vendor Diversity Program
        • Travel, hospitality and conference expenditures
    • Contact us
      • Contact mortgage loan insurance
      • Regional offices
      • Granville lsland
      • Indigenous and the North Housing Solutions
      • National office
      • Holiday service hours
  • Media Newsroom
  • National Housing Strategy
    • What is the strategy?
      • About the initiatives
      • How to apply
      • Help and resources
      • Priority areas for action
      • The National Housing Strategy Glossary of Common Terms
      • The Strategy in Action
    • Federal/Provincial/Territorial housing agreements
    • Other funding and financing opportunities
  • The Housing Observer
  • Canada’s Housing Podcast
  • Careers
  • Housing Knowledge Centre
 
  • Home
  • Media Newsroom
  • Federal and provincial governments support affordable homes in Orillia
  • Save
  • Share
Save Icon

SAVE TO MY FOLDER

Federal and provincial governments support affordable homes in Orillia

SAVE
Close this Window   |   Manage my Folder
Save Icon

SAVE TO MY FOLDER

Federal and provincial governments support affordable homes in Orillia

Done Done!
Close this Window   |   Manage my Folder
Share icon

Share via

  • Facebook
  • LinkedIn
  • Mail
  • print
  • CopyLink

SuccessCopyLinkVersionLink copied

Share icon

Share via

  • Facebook
  • LinkedIn
  • Mail
  • print
  • CopyLink

SuccessCopyLinkVersionLink copied

share icon

Mail-blue Share via Email

Did You Know?

You can include an email signature?

Register | Sign In

×
Google Captcha Loader
share icon

Mail-blue Share via Email

Done Done!
Close this window

Federal and provincial governments support affordable homes in Orillia

Orillia, Ontario, June 20, 2024

Today, the Government of Canada and the Government of Ontario announced a combined investment of over $8.1 million to build 42 new affordable homes in Orillia.

Orillia Development, located at 250 West Street North, counts 130 affordable apartments ranging from studio to three-bedroom sizes for seniors, families, and individuals. The project will also have a community room and social services hub.

A breakdown of the funding for this housing project includes:

  • $4.8 million from the Ontario Priorities Housing Initiative (OPHI)
  • $3.3 million from the Canada – Ontario Community Housing Initiative (COCHI)

OPHI and COCHI are both initiatives of the Canada – Ontario Bilateral Agreement under the National Housing Strategy.

Construction started in October 2021, and the first residential tenants are moving in throughout spring 2024.

Quotes:

“Everyone deserves a safe and affordable place to call home. And, we will keep working with partners, like Ontario, to make this a reality for all Canadians. I am proud that we could support these apartments and wish everyone moving into their new homes the very best as they start these new chapters.”
— The Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities
“This funding will not only provide the affordable housing that the residents of Orillia need, but also build a community in which they can thrive. We’ve heard across the province that we need to match housing with wraparound services so that residents have the resources and help they need to unleash a better future. Our government will continue to work closely with our federal and municipal partners because we know that collaboration is key to solving the housing supply crisis.”
— The Honourable Paul Calandra, Ontario’s Minister of Municipal Affairs and Housing
“I am delighted to join Minister Calandra today for this important announcement that marks a significant step forward for our community. The establishment of new residential housing units, along with onsite resources and community agencies, will provide much-needed support and stability for residents. This initiative reflects our government's commitment to addressing housing needs and enhancing community well-being, and by working collaboratively with our federal partners, local organizations, and community stakeholders, we are making tangible progress in ensuring that everyone has access to safe and affordable housing. I extend my gratitude to everyone involved in bringing this project to fruition.”
— The Honourable Jill Dunlop, Member of Provincial Parliament for Simcoe North
“This new development in Orillia not only provides essential housing solutions for seniors, families, and individuals, but also integrates vital community services, enhancing the overall well-being of our residents. As we face the ongoing affordable housing crisis, this project stands as a testament to a collective commitment among all levels of government to ensure that everyone has access to safe and affordable housing. This initiative will support a stronger, more inclusive Orillia and we extend our gratitude to the Federal and Provincial government for their substantial funding commitment towards this project and to the County of Simcoe for our ongoing partnership as we work together to provide homes and hope to those in need in our community.”
— City of Orillia Mayor Don McIsaac
“The County of Simcoe is incredibly grateful to our partners at the federal and provincial governments for their support in Building Up homes, lives, and hope in our communities. The funding they provided for the County Orillia Campus ensures that there are 130 new affordable places for seniors, families, and individuals to live right here in Orillia. This new campus will provide homes, support and services for countless individuals in our community for a very long time. County Council would like to thank both the federal and provincial governments for partnering with us to build up the lives of our residents.”
— Warden Basil Clarke, County of Simcoe

Quick facts:

  • Canada's National Housing Strategy (NHS) is a 10-year, $82-plus billion plan that will give more Canadians a place to call home.
  • As of December 31, 2023, the federal government has committed over $42.99 billion to support the creation of almost 135,000 units and the repair of over 270,000 units. These measures prioritize those in greatest need, including seniors, Indigenous Peoples, people experiencing or at risk of homelessness, and women and children fleeing violence.
  • The Ontario Priorities Housing Initiative (OPHI) is a program under the CMHC – Ontario Bilateral Agreement. This 10-year agreement provides more than $378.2 million to protect, renew and expand community housing, support Ontario’s priorities related to housing repair, construction and affordability, and deliver direct affordability support to Ontarians who need housing. OPHI provides flexible funding to address local housing priorities and improve access to affordable housing options. The initiative helps to increase the affordable housing supply and improve the state of repair of community housing stock.
  • The Canada – Ontario Community Housing Initiative (COCHI) provides funding to repair, regenerate and expand community housing so tenants can live in a home that is affordable. It can also be used to support community housing providers whose original program arrangements are expiring and help them to become more sustainable.

Additional information:

Visit canada.ca/housing for the most requested Government of Canada housing information.

As Canada's authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to all levels of Canadian government, consumers and the housing industry. CMHC’s aim is that everyone in Canada has a home they can afford and that meets their needs. For more information, follow us on Twitter, Instagram, YouTube, LinkedIn and Facebook.

Progress on programs and initiatives are updated quarterly at www.placetocallhome.ca. The Housing Funding Initiatives Map shows affordable housing projects that have been developed.

Ontario’s most recent legislation — Cutting Red Tape to Build More Homes — is the latest in a series of steps taken by the province to help more people find a home they can afford.

Ontario is taking action to address the housing supply crisis and has set an ambitious goal of getting at least 1.5 million new homes built by 2031.

For more information on affordable housing in Ontario, visit ontario.ca/affordablehousing or follow us on Twitter.

For information on this news release contact:

Micaal Ahmed
Office of the Minister of Housing, Infrastructure and Communities
micaal.ahmed@infc.gc.ca

Media Relations
Canada Mortgage and Housing Corporation
media@cmhc-schl.gc.ca

Bianca Meta
Office of the Minister of Municipal Affairs and Housing
Bianca.Meta@ontario.ca

Was this page relevant to your needs?

Thank you for your feedback!

How Can We Help?

Suggest an Improvement

Report a Bug

How Can We Help?

Suggest an Improvement

Please share your suggestion.

Google Captcha Loader

How Can We Help?

Report a Bug

Please describe the problem.

Google Captcha Loader

Thank you. Your feedback has been submitted.

Date Published: June 20, 2024

By Topic

  • Professionals
    • Project funding and mortgage financing
    • Housing markets data and research
    • Industry innovation and leadership
    • Events and speakers
  • Consumers
    • Home buying
    • Owning a home
    • Renting a home

About Us

  • CMHC's Story
  • Management and Governance
  • Our Partners
  • Corporate Reporting
  • Contact Us
  • Careers

More

  • CMHC Newsletters
  • CMHC Library
  • Housing Observer
  • Media Newsroom
  • CMHC and Accessible Housing
  • CMHC on Twitter
  • CMHC on LinkedIn
  • CMHC on Facebook
  • CMHC on Instagram
  • CMHC on YouTube
Privacy Policy    |    Terms and Conditions    |    Transparency    |    Accessibility Plan    |    Accessibility Feedback     Canada Mortgage and Housing Corporation (CMHC) ©2025 
Canada
loader icon