Canada to offer universities, colleges low-cost loans to build new student housing

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. The Apartment Construction Loan Program was topped up with an additional $15 billion this fall, bringing the total funding available to $40 billion. #shorts Subscribe to CTV News to watch more videos: https://www.youtube.com/ctvnews Connect with CTV News: For live updates and latest headlines visit: http://www.ctvnews.ca/ For breaking news, fast, download the CTV News App: https://www.ctvnews.ca/app Must-watch stories and full programs at http://www.ctvnews.ca/video CTV News on TikTok: https://www.tiktok.com/discover/CTV-News CTV News on X (formerly Twitter): https://twitter.com/CTVNews CTV News on Reddit: https://www.reddit.com/user/CTVNEWS CTV News on LinkedIn: https://ca.linkedin.com/company/ctv-news --- CTV News is Canada's most-watched news organization both locally and nationally, and has a network of national, international, and local news operations.