Ontario NDP pledges 1.5 million new homes over the next 10 years if elected

Ontario NDP Leader Andrea Horwath says her party will spur the construction of 1.5 million homes over the next 10 years if elected.

Horwath says the homes would be a combination of starter homes, rental homes and affordable housing.

“I want folks to hold on to their dream of home ownership, that’s why our housing plan offers a lifeline and hope,” said Horwath in a statement. “Together, we can fix what’s broken — so that more housing is for families that want to have their own home, not speculators that want to make a fortune.”

The NDP also says it would end exclusionary zoning and updating growth policies to increase the supply of affordable housing in pedestrian and transit-family neighbourhoods, as well as establishing Housing Ontario that will finance and build at least 250,000 affordable and non-market rental homes over the next 10 years, operated by public, non-profit and co-op housing providers in mixed-income communities.

Horwath added that her government would also ensure tenants can move back into their apartment after renovations at the same rent price.