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	<title>Canadian Funding Corp. and Moishe Alexander Review CMHC Reports &#187; British Columbia</title>
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	<link>http://canadian-funding-corp-cmhc.com</link>
	<description>CMHC Reports Reviewed by Moishe Alexander</description>
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		<title>Newly Renovated Social Housing Opens in New Westminster</title>
		<link>http://canadian-funding-corp-cmhc.com/2010/03/newly-renovated-social-housing-opens-in-new-westminster/</link>
		<comments>http://canadian-funding-corp-cmhc.com/2010/03/newly-renovated-social-housing-opens-in-new-westminster/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 16:10:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[British Columbia]]></category>
		<category><![CDATA[Action]]></category>
		<category><![CDATA[Affordable]]></category>
		<category><![CDATA[Agreement]]></category>
		<category><![CDATA[B.C]]></category>
		<category><![CDATA[canada]]></category>
		<category><![CDATA[Centre]]></category>
		<category><![CDATA[City]]></category>
		<category><![CDATA[Diane Finley]]></category>
		<category><![CDATA[Economic]]></category>
		<category><![CDATA[emergency]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[Harry Bloy]]></category>
		<category><![CDATA[homelessness]]></category>
		<category><![CDATA[Housing Market]]></category>
		<category><![CDATA[Karen]]></category>
		<category><![CDATA[Minister Responsible]]></category>
		<category><![CDATA[New Westminster]]></category>
		<category><![CDATA[Plan]]></category>
		<category><![CDATA[province]]></category>
		<category><![CDATA[quality]]></category>
		<category><![CDATA[Renovation]]></category>
		<category><![CDATA[Russell]]></category>
		<category><![CDATA[Senator Yonah Martin]]></category>
		<category><![CDATA[shelter]]></category>
		<category><![CDATA[Wayne Wright]]></category>

		<guid isPermaLink="false">http://canadian-funding-corp-cmhc.com/?p=321</guid>
		<description><![CDATA[The governments of Canada and British Columbia officially opened the Russell Housing Centre (formerly College Place Hotel), which will provide emergency shelter and supportive housing for adults at risk of homelessness in New Westminster. “Canada’s Economic Action Plan is stimulating the economy and creating jobs during the global recession here in British Columbia and across [...]]]></description>
			<content:encoded><![CDATA[<p>The governments of Canada and British Columbia officially opened the Russell Housing Centre (formerly College Place Hotel), which will provide emergency shelter and supportive housing for adults at risk of homelessness in New Westminster.</p>
<p>“Canada’s Economic Action Plan is stimulating the economy and creating jobs during the global recession here in British Columbia and across Canada,” said Senator Yonah Martin, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC).This is a good way to get the local economy moving and put construction workers and tradespeople to work quickly, as well as improving the quality of existing social housing, giving a hand-up to those families who need it most.”</p>
<p>“The Province is committed to providing increased access to safe, affordable, supportive housing for our most vulnerable people, and that is why we’ve provided $10.4 million for the purchase and renovation of the Russell Housing Centre,” said Harry Bloy, MLA for Burnaby – Lougheed. “Combining emergency shelter with transitional housing under one roof is an effective method to help break the cycle of homelessness here in New Westminster and across British Columbia.”</p>
<p>The Russell Housing Centre is a designated heritage building that has been renovated to provide 40 single-room occupancy (SRO) hotel units and 15 shelter beds and will provide emergency shelter and social housing for adults at risk of homelessness in New Westminster. Through the amended Canada – British Columbia Affordable Housing Agreement, the Government of Canada and the Province of British Columbia are contributing $1.1 million for repairs and renovations to the 40 SRO units.</p>
<p>“This development makes a significant contribution to the City’s continuum of housing, enabling our locally homeless population to access quality shelter and support services. It also preserves an important piece of the City’s heritage,” said New Westminster Mayor Wayne Wright.</p>
<p>Lookout Emergency Aid Society manages and operates the Russell Housing Centre. The Centre will be open 24 hours, 365 days a year, and will provide such basics as shelter, food and laundry, as well as support and assistance to men who are without a home. Tenants will receive life skills training on cooking and nutrition, budgeting and basic hygiene, gaining the necessary skills to move towards living independently.</p>
<p>“Helping people identify and plan around their challenges, linking them to needed services will help prevent them from becoming homeless again,” said Karen O’Shannacery, executive director of Lookout Emergency Aid Society. “Our long-standing partnership with the Province and BC Housing has played a pivotal role in the creation of many of Lookout’s supportive housing developments.”</p>
<p>The Housing Renovation Partnership is the result of a $365-million joint investment under an amendment to the Canada – British Columbia Affordable Housing Agreement, which includes funding through Canada’s Economic Action Plan and by the Government of British Columbia. The Housing Renovation Partnership will provide $177 million for the renovation and retrofit of social housing. Under the terms of the agreement, the provincial and federal governments will provide matching contributions of $88.82 million. Overall, Canada’s Economic Action Plan includes $2 billion for the construction of new and the repair of existing social housing, plus up to $2 billion in loans to municipalities for housing-related infrastructure.</p>
<p>Canada’s Economic Action Plan builds on the Government of Canada’s commitment in 2008 of more than $1.9 billion, over the next five years, to improve and build new affordable housing and help the homeless. It provides $850 million under the Affordable Housing Initiative to provinces and territories for the renovation and retrofit of existing social housing, to improve the quality of existing social housing for low-income seniors, single-parent families, recent immigrants and Aboriginal households.</p>
<p>The Province of British Columbia’s $14-billion capital infrastructure program is creating up to 88,000 jobs, helping to build vital public infrastructure in every region of the province and stimulating local economies across B.C.</p>
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		<title>Government of Canada and Province of Saskatchewan Celebrate New Affordable Housing in Prince Albert</title>
		<link>http://canadian-funding-corp-cmhc.com/2010/03/government-of-canada-and-province-of-saskatchewan-celebrate-new-affordable-housing-in-prince-albert/</link>
		<comments>http://canadian-funding-corp-cmhc.com/2010/03/government-of-canada-and-province-of-saskatchewan-celebrate-new-affordable-housing-in-prince-albert/#comments</comments>
		<pubDate>Wed, 10 Mar 2010 23:09:06 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[British Columbia]]></category>
		<category><![CDATA[CMHC]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[Ontario]]></category>
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		<category><![CDATA[Darryl Hickie]]></category>
		<category><![CDATA[Diane Finley]]></category>
		<category><![CDATA[Donna Harpauer]]></category>
		<category><![CDATA[Economic]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[Honourable]]></category>
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		<category><![CDATA[initiative]]></category>
		<category><![CDATA[Jim Scarrow]]></category>
		<category><![CDATA[Mayor Jim Scarrow]]></category>
		<category><![CDATA[Minister Responsible]]></category>
		<category><![CDATA[MLA]]></category>
		<category><![CDATA[MP Hoback]]></category>
		<category><![CDATA[Nest]]></category>
		<category><![CDATA[Plan]]></category>
		<category><![CDATA[Prince Albert]]></category>
		<category><![CDATA[Prince Albert Randy Hoback]]></category>
		<category><![CDATA[province]]></category>
		<category><![CDATA[Saskatchewan]]></category>
		<category><![CDATA[Support]]></category>
		<category><![CDATA[youth]]></category>

		<guid isPermaLink="false">http://canadian-funding-corp-cmhc.com/?p=316</guid>
		<description><![CDATA[Randy Hoback, Member of Parliament for Prince Albert, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), along with MLA Darryl Hickie, on behalf of the Honourable Donna Harpauer, Minister of Social Services, and Jim Scarrow, Mayor of Prince Albert, [...]]]></description>
			<content:encoded><![CDATA[<p>Randy Hoback, Member of Parliament for Prince Albert, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), along with MLA Darryl Hickie, on behalf of the Honourable Donna Harpauer, Minister of Social Services, and Jim Scarrow, Mayor of Prince Albert, today announced support for a local housing initiative for persons with disabilities.</p>
<p>Funding in the amount of $679,500 has been made available for the initiative through Canada’s Economic Action Plan, the federal government’s plan to stimulate the economy and create jobs during the global recession. The federal and provincial governments are contributing equally to this overall investment of $132 million under the amended Canada – Saskatchewan Affordable Housing Program Agreement. Other funding includes $400,000 from the Government of Canada’s Homelessness Partnering Strategy and $54,500 from the City of Prince Albert.</p>
<p>“Through Canada’s Economic Action Plan, our Government is helping Canadians during these tough economic times,” said MP Hoback. “Here in Prince Albert, this achievement gives a hand-up to low-income youth who need safe, affordable housing that meets their needs. This is also a good way to get the local economy moving because it puts construction workers and trades people to work quickly.”</p>
<p>“Our government is pleased to help provide safe, affordable housing for at-risk youth in the community of Prince Albert,” MLA Darryl Hickie said. “This aligns with our vision of putting vulnerable people first and helping them build better lives for themselves. Affordable housing is a key component of that.”</p>
<p>“Affordable housing is a community matter and this project is another example that, by working together, we can respond to the needs of individuals and families who are most vulnerable, by providing safe, secure and affordable housing for all,” said Mayor Jim Scarrow. “This project will provide these individuals with a home for a successful transition to living independently. Together we can build a greater city and province.”</p>
<p>Persons with disabilities often have difficulty finding housing that meets their specific needs. Canada’s Economic Action Plan provides $75 million over two years to build new rental housing for persons with disabilities. 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.</p>
<p>The eight-plex, located at 74 – 18th Street West in Prince Albert, will provide safe, affordable housing for very low-income youth with mental health and cognitive disabilities. Four of the units will be for those who are also homeless or at risk of homelessness. The residence is located within walking distance of the downtown core and a local drop-in centre, The Nest, which provides meals and programs that address independent living skills and employment initiatives.</p>
<p>Canada’s Economic Action Plan builds on the Government of Canada’s commitment in 2008 of more than $1.9 billion, over the next five years, to improve and build new affordable housing and help the homeless.</p>
<p>The amendment to the Canada – Saskatchewan Affordable Housing Program Agreement, which included funding under Canada&#8217;s Economic Action Plan, signed in May 2009, brought federal housing support of $74 million to the province. The Government of Saskatchewan will match that commitment for a total of $148 million to assist those in housing need and, in collaboration with other levels of government and community partners, to make various types of affordable housing programs possible. In Saskatchewan, federal-provincial housing programs are delivered through the Saskatchewan Housing Corporation.</p>
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		<title>Canada’s Economic Action Plan Creates Jobs and Improves Housing On Reserve in British Columbia</title>
		<link>http://canadian-funding-corp-cmhc.com/2010/03/canada%e2%80%99s-economic-action-plan-creates-jobs-and-improves-housing-on-reserve-in-british-columbia/</link>
		<comments>http://canadian-funding-corp-cmhc.com/2010/03/canada%e2%80%99s-economic-action-plan-creates-jobs-and-improves-housing-on-reserve-in-british-columbia/#comments</comments>
		<pubDate>Mon, 08 Mar 2010 20:59:05 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[British Columbia]]></category>
		<category><![CDATA[moishe alexander]]></category>
		<category><![CDATA[Action]]></category>
		<category><![CDATA[Asia]]></category>
		<category><![CDATA[canada]]></category>
		<category><![CDATA[Chief Douglas White III]]></category>
		<category><![CDATA[CMHC]]></category>
		<category><![CDATA[community]]></category>
		<category><![CDATA[construction]]></category>
		<category><![CDATA[Diane Finley]]></category>
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		<category><![CDATA[Funding]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[Honourable]]></category>
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		<category><![CDATA[investment]]></category>
		<category><![CDATA[Jonathan Kruger]]></category>
		<category><![CDATA[Minister Day]]></category>
		<category><![CDATA[Nation]]></category>
		<category><![CDATA[opportunity]]></category>
		<category><![CDATA[Pacific]]></category>
		<category><![CDATA[Penticton]]></category>
		<category><![CDATA[Snuneymuxw]]></category>

		<guid isPermaLink="false">http://canadian-funding-corp-cmhc.com/?p=293</guid>
		<description><![CDATA[The Government of Canada announced today an investment of close to $1.8 million, as part of Canada’s Economic Action Plan, to improve housing conditions for the Penticton and Snuneymuxw First Nations communities. The Honourable Stockwell Day, President of the Treasury Board and Minister for the Asia – Pacific Gateway, on behalf of the Honourable Diane [...]]]></description>
			<content:encoded><![CDATA[<p>The Government of Canada announced today an investment of close to $1.8 million, as part of Canada’s Economic Action Plan, to improve housing conditions for the Penticton and Snuneymuxw First Nations communities.</p>
<p>The Honourable Stockwell Day, President of the Treasury Board and Minister for the Asia – Pacific Gateway, 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 in Penticton.</p>
<p>“Our Government’s Economic Action Plan is delivering support for improvements in housing conditions for members who live in First Nation communities in British Columbia and we are also stimulating the local economy by creating jobs,” said Minister Day.</p>
<p>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.</p>
<p>The application calls for the new funding initiatives under Canada’s Economic Action Plan were very successful and generated a large number of applications. As a result, CMHC will be fully allocating all the available funding for this fiscal year.</p>
<p>Through Canada’s Economic Action Plan, some $50 million in federal investments will be made available to First Nations in British Columbia to address immediate housing needs.</p>
<p>CMHC will allocate more than $7 million to build 43 new housing units on-reserve in British Columbia. Of this funding, Penticton First Nation and Snuneymuxw First Nation will receive close to $1.8 million to build 12 new housing units.</p>
<p>“We are pleased to welcome this new housing construction that has come to us at a time when both the Penticton leadership and community members have identified our housing needs as a priority,” said Jonathan Kruger, Chief of the Penticton First Nation. “This ensures the health and safety of our Elders, children and membership through sustainable homes and is of utmost importance to the Band.”</p>
<p>“These new homes are a step toward addressing our longstanding housing needs and help us build our community&#8217;s equity. We have been able to provide seven new homes as well as an opportunity for some of our community members to work in construction,” said Snuneymuxw First Nation’s Chief Douglas White III. “This project represents a major life change for seven families — they will have a home to call their own! It has been a huge opportunity for our Nation and our members welcome these important new homes.”</p>
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		<title>Canada, B.C. Announce New Seniors’ Housing Construction</title>
		<link>http://canadian-funding-corp-cmhc.com/2010/03/canada-b-c-announce-new-seniors%e2%80%99-housing-construction-2/</link>
		<comments>http://canadian-funding-corp-cmhc.com/2010/03/canada-b-c-announce-new-seniors%e2%80%99-housing-construction-2/#comments</comments>
		<pubDate>Mon, 08 Mar 2010 20:49:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[British Columbia]]></category>
		<category><![CDATA[Seniors]]></category>
		<category><![CDATA[Cathy McLeod]]></category>
		<category><![CDATA[construction]]></category>
		<category><![CDATA[Development]]></category>
		<category><![CDATA[Diane Finley]]></category>
		<category><![CDATA[Housing Market]]></category>
		<category><![CDATA[Infrastructure]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[Mark Brown]]></category>
		<category><![CDATA[Northern Trailer]]></category>
		<category><![CDATA[province]]></category>
		<category><![CDATA[Rich Coleman]]></category>
		<category><![CDATA[Thompson]]></category>

		<guid isPermaLink="false">http://canadian-funding-corp-cmhc.com/?p=289</guid>
		<description><![CDATA[The governments of Canada and British Columbia, announced today $15.5 million for the construction of 322 modular housing units for seniors and persons with disabilities to be constructed by four B.C. modular housing manufacturers. “The Harper Government is helping Canadian seniors and persons with disabilities during these tough economic times through Canada’s Economic Action Plan. [...]]]></description>
			<content:encoded><![CDATA[<p><object width="320" height="265"><param name="movie" value="http://www.youtube.com/v/twXQjTbRm9g&#038;hl=en_US&#038;fs=1&#038;rel=0&#038;color1=0x402061&#038;color2=0x9461ca"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/twXQjTbRm9g&#038;hl=en_US&#038;fs=1&#038;rel=0&#038;color1=0x402061&#038;color2=0x9461ca" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="320" height="265"></embed></object></p>
<p>The governments of Canada and British Columbia, announced today $15.5 million for the construction of 322 modular housing units for seniors and persons with disabilities to be constructed by four B.C. modular housing manufacturers.</p>
<p>“The Harper Government is helping Canadian seniors and persons with disabilities during these tough economic times through Canada’s Economic Action Plan. Our government’s investment of $7.75 million will stimulate the economy and create jobs during the global recession,” said Cathy McLeod, Member of Parliament for Kamloops – Thompson – Caribou, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC). “Here in B.C., this achievement gives hope to seniors and people with disabilities who need quality affordable housing that meets their needs, while creating local jobs.”</p>
<p>“While the primary focus of the Seniors’ Rental Housing initiative is to provide affordable housing in rural and remote communities, we’re also creating employment and stimulating local economies by awarding the modular housing contracts to local modular manufacturers,” said Rich Coleman, Minister of Housing and Social Development. “These modular housing units will use close to 100 per cent B.C. wood sourced from Pine Beetle infected forests. This supports the new Wood First Act, which aims to increase demand for wood products by requiring provincially-funded building projects to use wood as the primary construction material.”</p>
<p>Through an amendment to the Canada – British Columbia Affordable Housing Agreement, the federal and provincial governments are contributing a combined total of $15.5 million for the construction of the 322 modular housing units. As part of the Seniors’ Rental Housing (SRH) initiative, these modular units will be shipped to selected rural communities across the Province to provide affordable housing for independent seniors and persons with disabilities.</p>
<p>The successful proponents, selected by BC Housing through a Request for Proposal (RFP) issued in August 2009, were Britco Structures Inc., Chaparral Industries, Freeport Industries Ltd. and Northern Trailer, a division of Horizon North. These companies will construct single-storey modular units which will be designed to incorporate energy efficient features and built using B.C. forest products.</p>
<p>“Modular construction integrates building processes by enabling greater control, higher quality, shorter timelines and lower, more predictable costs” said Mark Brown, president of Northern Trailer. “We are looking forward to working with the federal and provincial governments to customize the designs of the modular units to provide the most appropriate homes for seniors and persons with disabilities.”</p>
<p>The SRH initiative is a result of a $365-million joint investment under an amendment to the Canada – British Columbia Affordable Housing Agreement, which includes funding through Canada’s Economic Action Plan and by the Government of British Columbia. It provides $123.5 million, including $104 million for seniors and $19.5 million for persons with disabilities, to develop up to 1,000 new affordable rental housing units, which will help to stimulate local economies in smaller communities across B.C. Under the terms of the agreement, the provincial and federal governments will provide matching contributions of $61.79 million.</p>
<p>Canada’s Economic Action Plan builds on the Government of Canada’s commitment in 2008 of more than $1.9 billion, over the next five years, to improve and build new affordable housing and help the homeless. It provides a total of $475 million, over two years, to build new rental housing, including $400 million for housing for low-income seniors and $75 million for housing for persons with disabilities. 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.</p>
<p>The Province of British Columbia’s $14-billion capital infrastructure program is creating up to 88,000 jobs, helping to build vital public infrastructure in every region of the province and stimulating local economies across B.C.</p>
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		<title>Canada, B.C. Announce New Seniors’ Housing Construction</title>
		<link>http://canadian-funding-corp-cmhc.com/2010/03/canada-b-c-announce-new-seniors%e2%80%99-housing-construction/</link>
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		<pubDate>Mon, 08 Mar 2010 20:45:56 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[British Columbia]]></category>
		<category><![CDATA[B.C]]></category>
		<category><![CDATA[canada]]></category>
		<category><![CDATA[Chaparral]]></category>
		<category><![CDATA[construction]]></category>
		<category><![CDATA[Diane Finley]]></category>
		<category><![CDATA[Housing Market]]></category>
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		<category><![CDATA[John Pushor]]></category>
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		<category><![CDATA[Lake Country]]></category>
		<category><![CDATA[Minister Responsible]]></category>
		<category><![CDATA[Norm Letnick]]></category>
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		<category><![CDATA[Ron Cannan]]></category>
		<category><![CDATA[Seniors]]></category>

		<guid isPermaLink="false">http://canadian-funding-corp-cmhc.com/?p=285</guid>
		<description><![CDATA[The governments of Canada and British Columbia announced today $15.5 million for the construction of 322 modular housing units for seniors and persons with disabilities to be constructed by four B.C. modular housing manufacturers, including Chaparral Industries. “The Harper Government is helping Canadian seniors and persons with disabilities during these tough economic times through Canada’s [...]]]></description>
			<content:encoded><![CDATA[<p>The governments of Canada and British Columbia announced today $15.5 million for the construction of 322 modular housing units for seniors and persons with disabilities to be constructed by four B.C. modular housing manufacturers, including Chaparral Industries.</p>
<p>“The Harper Government is helping Canadian seniors and persons with disabilities during these tough economic times through Canada’s Economic Action Plan. Our government’s investment of nearly $1 million will stimulate the economy and create jobs during the global recession,” said Ron Cannan, Member of Parliament for Kelowna – Lake Country, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC). “Here in Kelowna, this achievement gives hope to seniors and people with disabilities who need quality affordable housing that meets their needs, while creating local jobs.”</p>
<p>“Through the Seniors’ Rental Housing initiative, our government is committed to creating more affordable housing options for seniors and persons with disabilities,” said Norm Letnick, MLA for Kelowna – Lake Country. “Modular construction is an innovative way to produce this much needed housing. I am very pleased that Chaparral Industries was awarded the contract to build 44 modular units here in Kelowna.”</p>
<p>Through an amendment to the Canada – British Columbia Affordable Housing Agreement, the federal and provincial governments are contributing a combined total of $15.5 million for the construction of the 322 modular housing units. As part of the Seniors’ Rental Housing (SRH) initiative, these modular units will be shipped to selected rural communities across the Province to provide affordable housing for independent seniors and persons with disabilities.</p>
<p>Chaparral Industries will be constructing 44 modular housing units costing approximately $1.9 million. Chaparral Industries, a family-owned business operated by brothers Jim and John Pushor, specializes in residential, commercial and recreational modular buildings. Chaparral Industries has been a leading manufacturer of modular buildings in Kelowna for over 25 years and has earned a solid reputation in the construction industry by the consistently high quality of its products.</p>
<p>“Our persistent search for new materials, technologies and manufacturing techniques, reflects our commitment to give our customers the best possible product,” said John Pushor, Chaparral Industries. “We are pleased and excited to partner with the federal and provincial governments to construct these much needed affordable housing units for seniors and persons with disabilities.”</p>
<p>In addition to Chaparral Industries, the three other successful proponents, selected by BC Housing through a Request for Proposal (RFP) issued in August 2009 were Britco Structures Inc., Northern Trailer, and Freeport Industries Ltd. These companies will construct single-storey modular units utilizing B.C. forest products and designed to incorporate energy-efficient features.</p>
<p>The SRH initiative is a result of a $365-million joint investment under an amendment to the Canada – British Columbia Affordable Housing Agreement, which includes funding through Canada’s Economic Action Plan and by the Government of British Columbia. This initiative will provide $123.5 million, including $104 million for seniors and $19.5 million for persons with disabilities, to develop up to 1,000 new affordable rental housing units, which will help to stimulate local economies in smaller communities across B.C. Under terms of the agreement, the provincial and federal governments will provide matching contributions of $61.79 million.</p>
<p>Canada’s Economic Action Plan builds on the Government of Canada’s commitment in 2008 of more than $1.9 billion, over the next five years, to improve and build new affordable housing and help the homeless. It provides a total of $475 million, over two years, to build new rental housing, including $400 million for housing for low-income seniors and $75 million for housing for persons with disabilities. 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.</p>
<p>The Province of British Columbia’s $14-billion capital infrastructure program is creating up to 88,000 jobs, helping to build vital public infrastructure in every region of the province and stimulating local economies across B.C.</p>
<p><a href="http://canadian-funding-corp-cmhc.com/wp-content/uploads/2010/03/BC-cmhc.jpg"><img src="http://canadian-funding-corp-cmhc.com/wp-content/uploads/2010/03/BC-cmhc.jpg" alt="BC cmhc" title="BC-cmhc" width="320" height="400" class="alignnone size-full wp-image-286" /></a></p>
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