CMHC pledges to build nearly 5,000 new permanent units nationwide

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The federal government has announced that its long-term Rapid Housing Initiative, which was launched in October, has significantly exceeded its initial target of creating up to 3,000 new homes for Canadians, and will now support the construction of more than 4,700 permanent units nationwide.

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Original Article Source Credits:   MortgageBrokerNews.ca , https://www.mortgagebrokernews.ca/

Article Written By:  Ephraim Vecina 

Original Article Posted on:  22 Mar 2021

Link to Original Article:  https://www.mortgagebrokernews.ca/news/cmhc-pledges-to-build-nearly-5000-new-permanent-units-nationwide-354147.aspx

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