Ottawa to Offer Universities, Colleges Low-Cost Loans to Build New Student Housing

Ottawa to Offer Universities, Colleges Low-Cost Loans to Build New Student Housing
Housing Minister Sean Fraser speaks to the media during the federal cabinet retreat in Montreal, on Jan. 22, 2024. The Canadian Press/Christinne Muschi
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Housing Minister Sean Fraser says post-secondary institutions will be able to apply for low-interest loans to build student housing starting this fall.

Post-secondary institutions will have access to a pre-existing program that offers developers low-cost financing to build rental apartments.