“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.”

“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.”

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.

“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.

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.

“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.”

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.

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.

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.

Dean Del Mastro, Member of Parliament for Peterborough, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation; Jeff Leal, Member of Provincial Parliament for Peterborough, on behalf of the Honourable Jim Bradley, Minister of Municipal Affairs and Housing; Henry Clarke, Deputy Mayor of Peterborough on behalf of Paul Ayotte, Mayor of Peterborough; and Bonnie Clark, Chair of Peterborough Housing Corporation made the announcement.

“This is great news for families and individuals in Peterborough. Our Government is providing a hand-up to those families in need,” said MP Del Mastro. “Through projects like these, our government is stimulating the economy and creating jobs to help Canadians recover from the economic downturn.”

“The province is committed to helping people who live on lower or fixed incomes stay in their home communities,” said MPP Leal. “Investment in affordable housing is not only a fundamental support for individuals and families trying to break the cycle of poverty, it also improves job prospects and supports local trades and business.”

Today’s announcement recognized the official opening of 30 affordable housing units at Saunders Court, located at 130 Anson Street. The project for households with low incomes and persons with special needs is sponsored by the Peterborough Housing Corporation.

The federal and provincial allocations to the project were complemented by $355,459 in municipal financial incentives.

“Saunders Court is an exciting new development that will provide 30 new affordable housing units in the City of Peterborough,” said Mayor Paul Ayotte. “Peterborough Housing Corporation is to be congratulated for their continued efforts to create housing opportunities for low-income households in Peterborough.”

“We believe this building is our best effort yet”, said Bonnie Clark, Chair of Peterborough Housing Corporation. “This site has been part of a continuum of service to the community for nearly a century, as both a refuge and home for those in need.”

The Canada – Ontario Affordable Housing Program Agreement comprises a commitment of $301 million from each of the two senior levels of government. In total, the federal, provincial and municipal governments will invest at least $734 million in the program, which will provide affordable housing for up to 20,000 households in Ontario.

In 2008, 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. Combined for Ontario, this means a further $1.2 billion joint investment under the amended Canada – Ontario Affordable Housing Program Agreement. The federal and provincial governments are contributing equally to this overall investment.

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.

“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.”

“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.”

“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.”

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.

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.

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.

The amendment to the Canada – Saskatchewan Affordable Housing Program Agreement, which included funding under Canada’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.

Canada Mortgage and Housing Corporation (CMHC) marked National Housing Day by launching a call for entries to the 2010 CMHC Housing Awards Program, which recognizes private sector-led best practices in affordable housing.

“National Housing Day is an opportunity to showcase solutions that address affordable housing needs in Canada,” said Karen Kinsley, President of CMHC. “Today’s call for entries to the 2010 CMHC Housing Awards is an invitation to the private sector to bring forward innovative initiatives to improve affordable housing so that these ideas may be shared with communities across Canada.”

The Housing Awards Program was created in 1988 to identify, recognize, showcase and share best practices that have helped to improve the quality, choice and affordability of housing in Canada. The program honours the people and organizations creating affordable housing solutions across the country. Applications must represent private sector-led initiatives that have demonstrated a range of affordable housing solutions to meet the needs of the communities they serve. The deadline for submissions is April 16, 2010.

This program is just one way CMHC advances affordable housing solutions across Canada. CMHC also has an Affordable Housing Centre, which has a team of housing experts dedicated to working with individuals and organisations from the private, non-profit and public sectors to help them develop their affordable housing projects. They offer project-specific expertise, help determine if a housing project is financially viable, identify resources and other potential partners, and share information on what has worked in other communities.

The  Affordable Housing Centre website offers a comprehensive inventory of information, tools and resources, including a collection of more than 100 affordable housing project profiles highlighting successful approaches that have been implemented in communities across Canada.

As Canada’s national housing agency, CMHC draws on more than 60 years of experience to help Canadians access a variety of quality, environmentally sustainable, and affordable homes — homes that will continue to create vibrant and healthy communities and cities across the country.

The Government of Canada, the Government of Ontario, and the City of St.Thomas celebrated the start of construction of 12 affordable rental units in two housing developments. The developments are supported by over $924,000 in funding through the Canada – Ontario Affordable Housing Program.

Joe Preston, Member of Parliament for Elgin – Middlesex – London, 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 Steve Peters, Member of Provincial Parliament for Elgin – Middlesex – London on behalf of the Government of Ontario; along with Cliff Barwick, Mayor of St.Thomas, made the announcement.

“This is great news for families in St.Thomas,” said MP Preston. “These new apartments will provide suitable, affordable housing for deserving families, and create jobs in our community.”

“New housing initiatives add significant support to the provincial government’s efforts to reduce poverty,” said MPP Peters. “The Government of Ontario will continue to work with its federal and municipal partners to ensure new affordable housing units are built during the life of this program.”

Today’s announcement recognized two affordable housing projects funded through the two-year extension of the Canada – Ontario Affordable Housing Program:

• Funding of $480,000 for a six-unit affordable housing project for low-income households at 89 ½ Fairview Avenue.
• Funding of $444,000 for a six-unit affordable housing project for low-income households at 5 Park Avenue.

“The City of St. Thomas is very grateful to the federal and provincial governments for providing financial assistance under the Canada – Ontario Affordable Housing Program,” said Mayor Cliff Barwick. “This new apartment building will provide much-needed affordable housing for twelve families in the community.”

The Canada – Ontario Affordable Housing Program Agreement comprises a commitment of $301 million from each of the two senior levels of government. In total, the federal, provincial and municipal governments will invest at least $734 million in the program, which will provide affordable housing for up to 20,000 households in Ontario.

The Government of Canada, the Government of Ontario, and the community
of Williamsburg today celebrated the opening of 20 new affordable
rental units.  This project is supported by more than $1.4 million in
funding through the Canada-Ontario Affordable Housing Program.

Guy Lauzon, Member of Parliament for Stormont-Dundas-South Glengarry,
on behalf of the Honourable Diane Finley, Minister of Human Resources
and Skills Development Canada and Minister Responsible for Canada
Mortgage and Housing Corporation; Jim Brownell, Member of Provincial
Parliament for Stormont – Dundas – South Glengarry on behalf of the
Honourable Jim Watson, Minister of Municipal Affairs and Housing; Mayor
Bob Kilger, City of Cornwall; Mayor Robert Gillard, Township of South
Dundas; and housing sponsors James Kooistra and Trevor Tolley attended
the ceremony.

“The Government of Canada is committed to making
affordable housing available in Ontario and across Canada for those who
need it the most,” said MP Lauzon. “These new rental units in
Williamsburg will provide access to suitable, affordable housing for
low-income seniors and individuals with special needs.”

“These
20 units will have a positive impact on the people who will call them
home and the community as a whole,” said MPP Brownell. “I would like to
congratulate the developers and community groups for making these
projects a reality.”  

The 20-unit project, sponsored by
Williamsburg Non-Profit Housing, will be occupied by low-income seniors
and individuals with special needs.

The federal and provincial allocations to the project were complemented by over $153,000 in municipal incentives.

 “I
am pleased that new federal and provincial funding for affordable
housing has made these 20 townhouses a reality,” said Mayor Robert
Gillard. “I thank the Service Manager and Williamsburg Non-Profit
Housing Corporation for all their work and dedication to help so many
individuals benefit from this new housing service.  Patience and
persistence pays off.”

The Canada – Ontario Affordable Housing
Program Agreement, signed in 2005, comprises a commitment of $301
million from each of the two senior levels of government.  In total,
the federal, provincial and municipal governments will invest at least
$734 million in the program, which will provide affordable housing for
up to 20,000 households in Ontario.

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. Combined for
Ontario, this means a further $1.2-billion joint investment under the
amended Canada-Ontario Affordable Housing Program Agreement. The
federal and provincial governments are contributing equally to this
overall investment.

The Government of Canada, the Government of Ontario, the Region of Waterloo and the City of Cambridge today celebrated the start of construction of Heartwood Place on Ainslie. This development is supported by over $4.6 million in funding through the Canada – Ontario Affordable Housing Program.

The Honourable Gary Goodyear, Minister of State (Science & Technology), (Federal Economic Development Agency for Southern Ontario), on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development Canada and Minister Responsible for Canada Mortgage and Housing Corporation; the Honourable John Milloy, Minister of Research and Innovation, Minister of Training, Colleges and Universities and Member of Provincial Parliament for Kitchener Centre, on behalf of the Honourable Jim Watson, Minister of Municipal Affairs and Housing; Waterloo Regional Chair, Ken Seiling; Mayor of Cambridge, Doug Craig, and Chair of the Heartwood Place Board, Mary Bales, attended the event.

“This is great news for individuals and families in Cambridge,” said Minister of State Gary Goodyear. “These new apartments will provide more rental options for those in need of suitable, affordable housing, and are important to the economic and social well-being of the community.”

“Heartwood Place on Ainslie is an example of our government commitment to improve the lives of Ontarians and build healthier communities,” said MPP Milloy. “I would like to congratulate the developer, our partners in other levels of government and community groups for making this project a reality.”

When completed, Heartwood Place on Ainslie will have 66 affordable units for low-income families and singles. The federal and provincial allocations to the project were complemented by more than $536,000 in municipal financial incentives by the City of Cambridge and more than $342,000 by the Region of Waterloo. To date, over $1.4 million in community donations has been raised in support of this project.

“The people behind Heartwood Place on Ainslie have been long time partners in the development of affordable housing in our community,” said Ken Seiling, Regional Chair. “Through their ongoing generous contributions of time and money, our residents will now have more options for safe and affordable housing in Cambridge.”

“We are tremendously excited to see the continuous transformation of our downtown cores. This redevelopment of the former Cambridge Reporter site in Galt on the Grand incorporates a courtyard for the residents and the building is designed to complement heritage features of the surrounding neighbourhood,” said Cambridge Mayor Doug Craig.

“Celebrating the commencement of this project is a significant moment for our organization,” said Mary Bales, Chair of the Heartwood Place Board. “It took six years to address the issues of contamination on the site and reach the point of construction. Thanks to everyone, including all levels of government, donors, committed volunteers and staff for helping us achieve our goal. Special thanks to Todd Smith of Torstar, Thomas Franz of Franz Environmental and to Al Way of Jamesway Construction for their commitment to this project.”

The Canada – Ontario Affordable Housing Program Agreement comprises a commitment of $301 million from each of the two senior levels of government. In total, the federal, provincial and municipal governments will invest at least $734 million in the program, which will provide affordable housing for up to 20,000 households in Ontario.

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. Combined for Ontario, this means a further $1.2-billion joint investment under the amended Canada – Ontario Affordable Housing Program Agreement. The federal and provincial governments are contributing equally to this overall investment.

Ed Komarnicki, Parliamentary Secretary to the Honourable Diane Finley, Minister of Human Resources and Skills Development Canada and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC) and to the Minister of Labour; John Gerretsen, Member of Provincial Parliament for Kingston and The Islands and Minister of the Environment, on behalf of the Honourable Jim Watson, Minister of Municipal Affairs and Housing; and Harvey Rosen, Mayor of the City of Kingston, attended the event.

“The Government of Canada is helping make affordable housing available in Kingston and across Canada for those who need it most,” said Parliamentary Secretary Ed Komarnicki. “These new apartments provide more rental options for individuals and families in need of suitable, affordable housing. This is critical to the economic and social well-being of our Kingston community.”

“Our government is committed to developing better ways to meet the housing needs of Ontario’s vulnerable,” said Minister Gerretsen. “The benefits of projects like these ripple beyond the people who live here — our entire community reaps the rewards of new, safe and sustainable housing.”

Today’s announcement recognized three affordable housing projects in Kingston funded under the Canada-Ontario Affordable Housing Program:

* The official opening of a 93-unit building sponsored by R. Paul Martin Construction. The project received more than $2 million from the Canada-Ontario Affordable Housing Program. The building will be occupied by individuals and families living on low and moderate income.
* The official opening of 24 units sponsored by Kingston Home Base Non — Profit Housing Inc. The project received $1.7 million from the Canada-Ontario Affordable Housing Program and will be occupied by individuals with special needs and living on low income.
* The start of construction of 47 units sponsored by Frontenac Community Mental Health Services. The project received more than $3.8 million from the Canada – Ontario Affordable Housing Program. The building will be occupied by low income individuals with special needs.

The federal and provincial allocations to the projects were complemented by about $660,000 in municipal grants and 67 units will receive ongoing financial assistance through the municipally funded rent supplement program.

“The City of Kingston is pleased to continue to work with our Federal/Provincial partners in the creation of new, safe, secure and affordable housing units,” said Mayor Harvey Rosen. “On behalf of the City of Kingston, I would like to acknowledge the hard work and dedication of the staff and Board members of Home Base Housing, Frontenac Community Mental Health Services and Mr. Paul Martin, on the occasion of the official opening of their affordable housing communities. Through their efforts, 164 residents have been able to find a new and permanent place to call home.”

The Canada – Ontario Affordable Housing Program Agreement, signed in 2005, comprises a commitment of $301 million from each of the two senior levels of government. In total, the federal, provincial and municipal governments will invest at least $734 million in the program, which will provide affordable housing for up to 20,000 households in Ontario.

In 2008, 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. Combined for Ontario, this means a further $1.2-billion joint investment under the amended Canada – Ontario Affordable Housing Program Agreement. The federal and provincial governments are contributing equally to this overall investment.

The Government of Canada, the Government of Ontario, and the City of Peterborough today celebrated the opening of 48 new affordable rental units. This project is supported by $3.36 million in funding through the Canada – Ontario Affordable Housing Program.

Dean Del Mastro, Member of Parliament for Peterborough, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development Canada, and Minister Responsible for Canada Mortgage and Housing Corporation; Jeff Leal, Member of Provincial Parliament for Peterborough, on behalf of the Honourable Jim Watson, Minister of Municipal Affairs and Housing; Paul Ayotte, Mayor of Peterborough; and project sponsor Amit Sofer, President of the TVM Group attended the event.

“When it comes to building safe and strong communities, it takes the efforts of many to achieve success. It takes partnerships at all levels of government to get real results,” said MP Del Mastro. “This project demonstrates what we can achieve when we work together.”

“Through the construction of safe affordable housing, we are helping vulnerable people establish and maintain the stability that many of us take for granted,” said MPP Leal. “I am very proud that the provincial and federal governments have joined together to create this complex. These units are going to make a significant difference in the lives of many families in our area.”

Today’s announcement recognized the official opening of 443 Reid Street, a school that was converted into a 48-unit complex sponsored by TVM Schoolhouse Inc. The $5.6 million project will be occupied by low income individuals and families and individuals with special needs.

The federal and provincial allocations to the project were complemented by over $653,000 in municipal financial incentives.

“The City of Peterborough is pleased to see this historic building continue to provide a benefit to the community by providing people with disabilities an accessible place to live,” said Mayor Ayotte. “We are grateful to The TVM Group and Kawartha Participation Projects for their dedicated commitment to serve our community.”

“The TVM Group is very proud to present these 48 units. 443 Reid Street is a special, purpose-built conversion of a historic school property which became surplus into a heritage designated fully accessible affordable residential complex,” said Mr. Sofer President of The TVM Group. “This adaptive reuse has preserved an important community asset, and ensured its long-term contribution to our community.”

The Canada – Ontario Affordable Housing Program Agreement, signed in 2005, comprises a commitment of $301 million from each of the two senior levels of government. In total, the federal, provincial and municipal governments will invest at least $734 million in the program, which will provide affordable housing for up to 20,000 households in Ontario.

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. Combined for Ontario, this means a further $1.2-billion joint investment under the amended Canada – Ontario Affordable Housing Program Agreement. The federal and provincial governments are contributing equally to this overall investment.

The Honourable Clyde Jackman, Member of the House of Assembly for Burin – Placentia West, on behalf of the Honourable Trevor Taylor, Minister of Transportation and Works and Minister Responsible for Newfoundland Labrador Housing, presided over the opening ceremony today.

“We are dedicated to helping vulnerable Canadians access suitable, affordable housing,” said the Honourable Peter MacKay, Minister of National Defence and Minister for the Atlantic Gateway, 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). “Our Government will continue to invest in improvements to existing social housing both in Newfoundland and Labrador and across Canada, as a means to stimulate our economy during the global recession.”

“The construction of this housing complex provides seniors in the Burin area the opportunity to receive housing assistance that meets their current needs, and still remain close to family and friends,” said Minister Jackman. “The Provincial Government recently released a new long-term vision for social housing, entitled A Social Housing Plan for Newfoundland and Labrador — Secure Foundations. The Marystown Kinsmen Manor for Seniors is an excellent example of strengthened partnerships in action, and how such partnerships can help attain our goal of providing more viable and affordable housing options for lower-income households throughout the province.”

The Marystown Kinsmen Manor for Seniors consists of two, one-bedroom units and four, two-bedroom units, one of which is fully accessible. In addition to the funding provided under the Canada – Newfoundland and Labrador Affordable Housing Program, CMHC also provided $20,000 in seed funding to Marystown Kinsmen during the initial planning stages.

“We are extremely proud of this project,” said Russ Murphy, Secretary of the Board for the Manor. “It’s a very rewarding feeling to be part of a project that you know will help to make a positive difference in people’s lives.”

In Budget 2009: Building on Our Strong Foundation, the Provincial Government committed $23.6 million for housing investments throughout the province for items such as social housing renovations, energy retrofits, and social housing units for low-income seniors. Additionally, the Federal and Provincial Governments recently announced a joint investment of $93 million to build new and renovate existing affordable housing over the next two years. Overall, the provincial contribution is $50 million, and the federal government is contributing a further $43 million.

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.

CMHC has been Canada’s national housing agency for more than 60 years. CMHC is committed to helping Canadians access a wide choice of quality, affordable homes and making vibrant and sustainable communities and cities a reality across the country.