AFB actions on affordable housing and homelessness

All figures in $M

Note: Costing in table 2.1 is based on accrual accounting conventions for purchasing assets and largely represent interest costs. The capital funding to the National Housing Co-investment Fund is an asset on the federal balance sheet. Long-term mortgages provided to non-profit housing developers for acquisition of existing housing and developing new housing are also an asset for which we add a budgetary provision for administration and losses. In the case of public land acquisition fund, we only include interest costs but note that developing such lands for housing at higher density would increase the underlying land value, potentially beyond the upfront cost of acquiring it.
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