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Canada’s Economic Action Plan Creates Jobs and Improves Social Housing in Ontario

Posted by Moishe Alexander

The Government of Canada announced today that three co-operatives located in Brantford and Hamilton will receive more than $270,000 through Canada’s Economic Action Plan, as part of the social housing renovation and retrofit investments.

The announcement was made at Applegate Co-operative Housing in Brantford by Phil McColeman, Member of Parliament for Brant, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC).

“Through Canada’s Economic Action Plan, our government is taking action to help ensure our economic recovery and create the conditions for long-term growth,” said MP McColeman. “Funding renovation and retrofit projects, like this one, will not only improve the quality of life of its residents by keeping their homes safe and affordable, but it will also help stimulate the local economy and create local jobs.”

The Government of Canada, through Canada’s Economic Action Plan, announced $1 billion for social housing renovation and retrofit. Of the $1 billion, $850 million is being delivered by provinces and territories on a cost-matched basis for existing federally assisted social housing projects which they administer on behalf of the partnership. The remaining $150 million is being delivered by CMHC for existing federally assisted off-reserve housing which it directly administers. Eligible repairs include general improvements, energy efficiency upgrades or conversions, and modifications in support of persons with disabilities.

The housing co-operatives that will receive contributions from the Government of Canada being announced today are:
Applegate Co-operative Housing (Brantford) $74,886
Wicklow Co-operative Homes (Brantford) $97,069
Appleridge Co-operative Homes Inc. (Hamilton) $99,144

“We applaud and thank the federal government, MP McColeman and CMHC for making a solid investment to help renovate and retrofit these affordable homes,” said Ken Elliott, President of the Co-operative Housing Federation of Canada. “Today’s announcement for those three non-profit housing co-operatives is an excellent example of stimulus funding that works towards preserving jobs, assisting the local economy and protecting valuable affordable housing assets for Canadians.”

“We are very pleased to be receiving the Renovation and Retrofit grant through Canada’s Economic Action Plan to improve our cooperative,” said Maureen Zotzman, President, Applegate Co-operative Homes Incorporated. “These significant renovations will have a tremendous positive impact for our members and their quality of life.”

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Governments of Canada and Prince Edward Island Celebrate New Affordable Housing

Posted by Moishe Alexander

The Government of Canada and the Government of Prince Edward Island today announced a joint investment to build new affordable housing on the Island. The bundled announcement represents a total of 21 affordable rental units for persons with disabilities and is made possible in part through a $775,000 investment from the Canada – P.E.I. Affordable Housing Agreement.

The Honourable Gail Shea, Minister of Fisheries and Oceans and Regional Minister for Prince Edward Island, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), and the Honourable Robert Ghiz, Premier of Prince Edward Island, made the announcement.

“The Government of Canada is dedicated to helping those in need in Prince Edward Island through these tough economic times,” said Minister Shea. “Through projects like these, our government is providing safe affordable housing to many residents in our community while creating jobs and stimulating our economy.”

“We’re pleased to partner with the Federal Government on these significant initiatives for the City of Summerside and the community of Hunter River,” said Premier Robert Ghiz. “The Hunter River project is in line with the provincial government’s Rural Action Plan which supports the continued provision of essential services in rural communities.”

Today’s announcement recognized funding for three multi-unit affordable housing projects in Prince Edward Island. Scotcor Rentals Inc., Community Connections Inc. and HR Holdings Ltd. are developing the buildings at three separate locations in Summerside and Hunter River, near schools, businesses and community services.

The Canada – Prince Edward Island Affordable Housing Agreement involves an investment of $8.32 million in affordable housing in Prince Edward Island. To date, more than 155 units have been supported by the Agreement in rural and urban communities across P.E.I.