| National Housing Act 1954 | |
|---|---|
| Parliament of Canada | |
| Citation | 1985, c. N-11 |
| Enacted | 1954 |
| Administered by | Canada Mortgage and Housing Corporation |
| Repeals | |
| National Housing Act 1944 | |
| Amended by | |
| 1956, 1964, 1969, 1973, 1985, 1999, 2007 | |
| Status: Amended | |
The National Housing Act (French: Loi nationale sur l’habitation, NHA) is the primary federal law concerning housing in Canada. More specifically, it is intended to promote the construction of new houses, the repair and modernization of existing houses, and the improvement of housing and living conditions.[1]
The NHA replaced and expanded the scope of the Dominion Housing Act of 1935.[1] First passed by the Parliament of Canada in 1938, replacement National Housing Acts were passed in 1944 and 1954. Major amendments to these acts occurred in 1948, 1949, 1956, 1964, 1969, 1973, 1985, 1999 and 2007.
The purpose of the NHA 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."[2]
The Canada Mortgage and Housing Corporation is the agency responsible for administering the act, since its establishment in 1945.[3]
- ^ a b Poapst, J. V. (1956). "The National Housing Act, 1954". The Canadian Journal of Economics and Political Science. 22 (2): 234–243. doi:10.2307/138180. JSTOR 138180.
- ^ "National Housing Act" (PDF). Laws.justice.gc.ca. Retrieved 28 August 2018.
- ^ Fallis 1995, p. 7.
© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search