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Federal Investment Boosts Affordable Housing in Stratford

8/21/2025

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Summary

Story summary

The federal government is investing over $20 million to construct 60 rental housing units in Stratford, P.E.I.
The initiative aims to offer affordable housing, with rents below 30% of median household income.
The Apartment Construction Loan Program provides low-cost financing to developers for this project.
Officials highlight the project's role in improving residents' quality of life and meeting regional housing demands.

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Story summary

The federal government is investing over $20 million to construct 60 rental housing units in Stratford, P.E.I.
The initiative aims to offer affordable housing, with rents below 30% of median household income.
The Apartment Construction Loan Program provides low-cost financing to developers for this project.
Officials highlight the project's role in improving residents' quality of life and meeting regional housing demands.