Housing Affordability is a Pervasive Crisis: Hamilton Community Foundation 

Hamilton’s housing affordability crisis is the result of “a slow rolling process of abandonment” by senior levels of government, Hamilton Community Foundation CEO Terry Cooke said last week. A special housing-focused edition of the foundation’s regular Vital Signs report showed a couple of the results of the lack of federal and provincial investment:

  • “Existing affordable rental housing is eroding: Hamilton has lost 23 affordable private rental units for every one affordable unit it has built over the past decade.” 
  • “The number of people experiencing homelessness has continued to rise. The top five barriers to finding housing have been identified as: high rent, low income, no social assistance, poor housing conditions, and discrimination.”
  • As the chart at right shows, we have a shortage of almost 8,000 units that rent for less than $750. And Justin Marchand, CEO of Ontario Aboriginal Housing Services, told the public unveiling of the report that Hamilton needs 3,000 units just for the city’s Indigenous population. 
  • “Clearly, the underlying issues are systemic, and addressing them calls for collective action from all levels of government, the healthcare, education, private and philanthropic sectors.”
  • The goal of the report is to encourage all of us to “raise your voices to advocate for housing as a human right — for all Hamiltonians.” 

Read the report here: https://hamiltoncommunityfoundation.ca/vitalsigns-report/wp-content/uploads/2023/09/HCF-2023-VITAL-SIGNS-final.pdf