The city will receive $4.44M from the Ontario Building Faster Fund
CBC NewsHannah KavanaghAfter a long year of conversations and number crunching, Cambridge announced that it has officially been awarded $4.44 million in funding from a provincial housing project after first being told that it didn't hit the mark.
Ontario's Building Faster Fund is a three-year, $1.2 billion fund. It required municipalities to hit 80 per cent of their target for housing unit creation in 2023 in order to qualify for funding.
Kitchener received $14 million from this fund, while Guelph received $4.68 milliā¦
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