National Housing Act (Canada)
| National Housing Act | |
|---|---|
| Parliament of Canada | |
| Date enacted | 1938 |
| Repealing legislation | |
| Dominion Housing Act | |
| Status: Substantially amended | |
The National Housing Act was passed by the Parliament of Canada in 1938 and was intended to promote the construction of new houses, the repair and modernization of existing houses, and the improvement of housing and living conditions. It replaced and expanded the scope of the Dominion Housing Act of 1935, and was later amended in 1985, 1999 and 2007.
The purpose of the Act set out in section 3 in relation to financing for housing, is to promote housing affordability and choice,to facilitate access to, and competition and efficiency in the provision of, housing finance, to protect the availability of adequate funding for housing at low cost, and generally to contribute to the well-being of the housing sector in the national economy.'' [1]
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