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
Funding of $1.8 million for 15 new affordable housing rental units for seniors living on a low income was announced today in Orangeville.
David Tilson, Member of Parliament for Dufferin – Caledon, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development Canada and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), and Linda Jeffrey, Member of Provincial Parliament for Brampton – Springdale on behalf of the Honourable Jim Watson, Ontario’s Minister of Municipal Affairs and Housing, along with Gordon D. Montgomery, Warden of Dufferin County made the announcement.
“The Government of Canada is helping Canadians during these tough economic times and giving hope to seniors who need quality, affordable housing that meets their needs,” said MP Tilson. “This investment is possible through our government’s Economic Action Plan that is stimulating the economy and creating jobs during the global recession. For Ontario, this includes a $1.2 billion joint investment.”
“These affordable housing projects support our Province’s efforts to reduce poverty,” said MPP Jeffrey. “We will continue to work closely with our federal and municipal partners to maximize the number of affordable housing units which are built during the life of this program.”
“We are delighted to receive this generous funding to further support the Lawrence Avenue Seniors Building project,” said Warden Gordon D. Montgomery. “This funding will assist with providing additional seniors’ housing units and reducing wait list times.”
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.
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.
Today’s announcement celebrates the funding for 15 new affordable rental units for seniors at 40 Lawrence Avenue in Orangeville. The project is sponsored by the Corporation of the County of Dufferin.
Its always great to see more money going to repair social housing units.
SAULT STE. MARIE, August 11, 2009 — The Government of Canada and the Province of Ontario today announced that the Columbus Club of Sault Ste. Marie Housing Corporation will receive support for repairs and renovations over the next two years.
The work will include a roof replacement.
The Columbus Club of Sault Ste. Marie Housing Corporation will receive $54,000 — part of a notional allocation of more than $4.9 million to Sault Ste. Marie to repair and retrofit existing local social housing units.
The funding was made available as a result of a $1.2 billion joint investment under the amended Canada – Ontario Affordable Housing Program Agreement, which includes funding through Canada’s Economic Action Plan and by the Government of Ontario. The federal and provincial governments are contributing equally to this overall investment.
The Honourable Diane Finley, Minister of Human Resources and Skills Development Canada and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), and David Orazietti, MPP for Sault Ste. Marie, on behalf of the Honourable Jim Watson, Ontario Minister of Municipal Affairs and Housing, made the announcement today.
“Renovation and retrofit projects, like this one, will improve the quality of life for residents by keeping their homes safe and affordable,” said Minister Finley. “It is also a good way to get the local economy moving because it puts construction workers and trades people to work quickly and most of the materials and supplies are made in Canada.”
“These repairs are another step towards improving social housing in Sault Ste. Marie,” said MPP Orazietti. “This new funding will help ensure that people living in social housing have a safe and reliable place to live. Ontarians deserve nothing less.”
Ontario is moving quickly to invest a total of $704 million to repair eligible social housing across the province. In an effort to get shovels in the ground quickly, projects must be committed by the end of the fiscal years 2010 and 2011.
The funding will help improve the quality of life for residents living in social housing communities. Funding will be used to renovate and make energy-saving upgrades to existing social housing as well as to undertake accessibility modifications for the benefit of seniors and persons with disabilities. It will also create jobs and strengthen local economies. To find out more about affordable housing in Ontario, visit www.mah.gov.on.ca.
Last fall, the Government of Canada committed more than $1.9 billion over the next five years to improve and build new affordable housing and to help the homeless. Canada’s Economic Action Plan builds on this with an additional one-time investment of more than $2 billion over two years in new and existing social housing and lending of up to another $2 billion to municipalities for housing-related infrastructure.
Last month, the Government of Canada and the Province of Ontario, announced a series of investments of more than $70 million to fund 36 construction-ready projects throughout the province under the amended Canada – Ontario Affordable Housing Program Agreement.