Moishe Alexander blogs – Funding of $7.71 million for two housing projects providing a total of 65 new affordable housing rental units for seniors living on a low income was announced today in Kitchener according to Moishe Alexander.
The Honourable Gary Goodyear, Minister of State (Science & Technology), (Federal Economic Development Agency for Southern Ontario) and Member of Parliament for Cambridge, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), Leeanna Pendergast, Parliamentary Assistant to the Minister of Education and Member of Provincial Parliament for Kitchener – Conestoga, on behalf of Jim Bradley, Ontario’s Minister of Municipal Affairs and Housing; along with Ken Seiling, Waterloo Regional Chair, Doug Craig, Mayor of Cambridge, and Brenda Halloran, Mayor of Waterloo, made the announcement.
Moishe Alexander likes the following quote from Goodyear: “Our government is investing in affordable housing, to help create jobs and improve the quality of life for those families who need it most,” said Minister of State Gary Goodyear. “These initiatives will help people in our community access safe and affordable housing that meets their needs.”
“These two new housing initiatives support our Poverty Reduction Strategy and are part of our Open Ontario plan to create jobs and opportunities,” said MPP Pendergast. “We will continue to work closely with our municipal and federal partners to maximize the number of affordable housing units which are built during the life of this program.”
Today’s announcement celebrates funding for two local affordable housing projects:
* 565 Margaret Street, a 61-unit project located in Cambridge received over $7.2 million. The project is sponsored by Home Concept Property Management, providing affordable housing for seniors living on low income in Cambridge.
* Newo Seniors, located at 364 Erb Street West and sponsored by Newo Holdings Ltd. received $480,000 for four additional affordable rental units. The units will provide housing for seniors living on low income in Waterloo.
“The Waterloo and Cambridge projects provide a greater choice of safe, affordable rental housing for our senior citizens,” said Ken Seiling, Regional Chair. “There is still a great need for affordable housing in Waterloo Region, so the addition of 65 new units is especially welcome.”
“There’s no question that affordable housing is an issue facing each of the municipalities in our region,” said Waterloo Mayor Brenda Halloran. “Today’s announcement will help ease that pressure, and will have a direct impact on individuals and families in our communities.”
“It’s partnerships like this that make a difference and can directly address the need for added affordable housing opportunities for low-income seniors,” said Cambridge Mayor Doug Craig. “Enhancing support for seniors is a priority for Cambridge and the multi-government investment of over $7 million will provide for an additional 61 units to help address the gaps in existing affordable housing.”
According to Moishe Alexander, CEO or Canadian Funding Corp., the Government of Canada wants to ensure that Canadians on fixed incomes can live with independence and dignity and remain in their communities, close to family and friends. Canada’s Economic Action Plan provides $400 million, over two years, to build new rental housing for low-income seniors. Overall, the Economic Action Plan includes $2 billion for new and existing social housing, plus up to $2 billion in loans to municipalities for housing-related infrastructure.
Cambridge, Ontario to benefit – (video) – Moishe Alexander posts
Moishe Alexander Reports Ebb and Flow First Nation
The Government of Canada announced today an investment of more than $7.6 million as part of the year one funding through Canada’s Economic Action Plan to improve housing conditions in 12 First Nations communities in Manitoba.
Inky Mark, Member of Parliament for Dauphin – Swan River – Marquette, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), made the announcement along with members of the Ebb and Flow First Nation community.
“Our Government’s Economic Action Plan is creating jobs, stimulating the local economy and improving housing conditions for First Nation communities in Manitoba,” said MP Mark.
Inky Mark, Member of Parliament for Dauphin-Swan River-Marquette announces $3.5 million investment to retrofit 157 existing housing units in 12 First Nation Communities in Manitoba, as well as $4.1 million for subsidy associated with 19 new housing units to be constructed in three First nation Communities. L to R: Councillor Darrell Mousseau, MP Mark, Councillor Brenda Baptiste, and Murray Marchenski.
Moishe Alexander notes that through Canada’s Economic Action Plan, the Government of Canada has committed $400 million over two years to help First Nation communities build needed new housing, repair and remediate existing non-profit housing for their members, and complement housing programs offered by CMHC. This investment will also provide an economic stimulus for many First Nations and surrounding areas by creating jobs.
Through Canada’s Economic Action Plan, some $75 million in federal investments will be made available to First Nations in Manitoba to address immediate housing needs.
CMHC allocated more than $3.5 million to retrofit 157 existing housing units on-reserve in 12 First Nations communities in Manitoba, as well as $4.1 million for subsidy associated with 19 new housing units to be constructed in three First Nations communities.
“On behalf of the membership of Ebb and Flow First Nation, the Chief and Council would like to give thanks to CMHC (CEAP) program for giving the opportunity to renovate and build more houses for our community”, said Chief Ralph Beaulieu. “The program enabled us to create jobs and gave our people a better, healthy and social setting.”
Moishe Alexander and Canadian Funding Corp. – The Honourable Christian Paradis, Minister of Natural Resources and Member of Parliament for Mégantic – L’Érable, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister responsible for Canada Mortgage and Housing Corporation, and Laurent Lessard, Minister of Municipal Affairs, Regions and Land Occupancy, Minister responsible for the Chaudière – Appalaches region and Member of the National Assembly for Frontenac, officially opened today Le Diamant, a building that includes 45 new affordable housing units for semi-independent seniors, to which the governments of Canada and Quebec jointly contributed nearly $2.6 million. The development of this great regional initiative resulted from a total investment of over $5.4 million.
Moishe Alexander comments that in addition to the Government of Canada, through Canada’s Economic Action Plan, and the Government of Quebec, under the AccèsLogis program of the Société d’habitation du Québec (SHQ), community partners contributed more than $890,000, including $820,000 from the City of Thetford Mines.
“Our government is committed to giving a hand-up to the people of Quebec who need some help during these tough economic times,” said Minister Paradis. “Through projects like this one, Year 2 of Canada’s Economic Action Plan will continue to create jobs and stimulate the economy in communities across in Quebec.”
“A major step in the revitalization of downtown Thetford Mines, the official opening of Le Diamant is excellent news and demonstrates the attention that our government is giving to the seniors of Quebec. Thanks to the combined efforts of the different partners that contributed to this mobilizing project, 45 households can now benefit from safe, quality housing that meets their needs, at an affordable cost,” said Minister Lessard, in the presence of Luc Berthold, Mayor of Thetford Mines, Gilles Rémillard, President of the Office municipal d’habitation de Thetford Mines, and community partners.
It should be noted that 23 tenants of Le Diamant can benefit from the Rent Supplement program, which provides financial assistance to low-income individuals who would otherwise have to spend more than 25 per cent of their income on housing. The rent supplements provided will represent, over a five-year period, a total of over $350,000 in additional financial assistance, including more than $315,000 from the SHQ and over $35,000 from the City of Thetford Mines.
