👉Starting this fall, post-secondary institutions in Canada can access low-interest loans to construct student housing, announced Housing Minister Sean Fraser. The federal government is modifying an existing program to extend low-cost financing to universities, colleges, non-profits, and private developers for on-campus and off-campus residences. The Apartment Construction Loan Program received an additional $15 billion last fall, totaling $40 billion in available funding. Despite Monday's announcement not injecting more money into the funding pool, Fraser emphasized the imperative of expanding student housing amidst a burgeoning international student program, which has strained local housing markets. The announcement coincides with the return of the House of Commons after a winter hiatus.✅ . 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐞 𝐲𝐨𝐮𝐫 𝐡𝐨𝐦𝐞 𝐣𝐨𝐮𝐫𝐧𝐞𝐲 𝐞𝐟𝐟𝐨𝐫𝐭𝐥𝐞𝐬𝐬𝐥𝐲 𝐰𝐢𝐭𝐡 𝐊𝐚𝐦𝐚𝐥, 𝐲𝐨𝐮𝐫 𝐝𝐞𝐝𝐢𝐜𝐚𝐭𝐞𝐝 𝐆𝐓𝐀 𝐑𝐞𝐚𝐥𝐭𝐨𝐫. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟔𝟕𝟑-𝟑𝟓𝟏𝟔 𝐄𝐦𝐚𝐢𝐥: 𝐤𝐚𝐦𝐚𝐥@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @kamalpillai_realtor . . #StudentHousing #CanadaInfrastructure #PostSecondaryEducation #LowCostLoans #HousingExpansion #InternationalStudents #CanadaEducation #mnm #malayalisnearmeapp #canadaupdate #canadanews