Pierre Trudeau
Social programs and spending

In 1973, Trudeau's government amended the National Housing Act to provide financial assistance for new home buying, loans for co-operative housing, and low interest loans for municipal and private non-profit housing. The amendments saw the introduction the Rental Rehabilitation Assistance Program, which established that homeowners and occupants in low-income neighbourhoods could qualify for small grants to be used for home repair. Also introduced was the Assisted Home Ownership Program which allowed the Canada Mortgage and Housing Corporation (CMHC) to start providing grants and subsidized interest rates to low income families (though in 1978 an amendment discontinued the provision of grant money to these families, which led to a high incidence of defaults, and in turn, necessitated that the federal government provide financial assistance to the CMHC). The amendments saw the passage of the Rent Supplement Act, which enabled the CMHC to partner with private landlords, cooperatives, and not-for-profit associations to provide affordable housing; in addition, the act saw the CMHC agree to fund the difference between market rental prices and rent prices geared to the specific occupant's income. Lastly, the Canada Rental Supply Program was introduced to provide interest-free loans for 15 years to developers who agreed to allocate a proportion of units toward social housing initiatives. In order to ensure that loans contributed to the provision of low income housing, the CMHC was restricted to giving loans amounting to $7,500 or less per unit.
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