“Our government is dedicated to meeting the increased demand for student housing across the country” said Ed Holder, Member of Parliament for London West. “We’re helping developers and borrowers access competitive interest rates for the life of the mortgage, benefit from greater financing choices and lower renewal risk. Our government is supporting students and creating jobs in university and college communities across the country.”

The Government of Canada will help finance loans of up to 85 per cent of the lending value for the construction, purchase or refinancing of housing purposely built for students on or off campus through CMHC’s Mortgage Loan Insurance for multi-unit student housing. This initiative supports the housing needs of Canadian publicly funded educational institutions, including universities and colleges.

The demand for student housing is anticipated to continue to increase for an extended period as a result of changing demographics, forecasted enrolment figures and continued growth in international students.

“Today’s announcement is good news and will help developers in Canada respond to the housing needs of students,” said Ray Stanton, President of London Property Corporation.

The Government of Canada has taken additional measures to help Canadian families. As of August 1, 2009, new federal student financial assistance measures — the Canada Student Grants Program and the Repayment Assistance Plan — are helping students and families access postsecondary education and better manage their student loan debt. To find out more about how the Government of Canada is helping students achieve their educational goals, visit CanLearn.ca.

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.

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 of $2.1 million for 28 new affordable housing rental units for seniors, persons with disabilities, and other low income households was announced today in Port Elgin.

Ben Lobb, Member of Parliament for Huron – Bruce, 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 Carol Mitchell, Member of Provincial Parliament for Huron – Bruce, on behalf of the Honourable Jim Watson, Ontario’s Minister of Municipal Affairs and Housing; along with Bill Goetz, Warden of the County of Bruce, and Mike Smith, Mayor of the Town of Saugeen Shores made the announcement.

“The Government of Canada is helping Canadians during these tough economic times and giving hope to seniors, persons with disabilities and other low income households who need quality, affordable housing that meets their needs,” said MP Lobb. “This investment is possible through Canada’s Economic Action Plan, the federal government’s plan to stimulate the economy and create jobs during the global recession. For Ontario, this includes a $1.2 billion joint investment.”

“New housing initiatives add significant support to the McGuinty government’s Poverty Reduction Strategy,” said MPP Mitchell. “We will continue to work with our municipal partners to ensure more units are built during the life of this program.”

“Bruce County is very pleased to be able to build affordable housing homes,” said Warden Bill Goetz. “The 28 unit apartment building will help to address the housing needs for residents in Saugeen Shores.”

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 and 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.

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 28 new affordable rental units at 725 Wellington Street. The project is sponsored by Bruce County Housing Corporation.

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.

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.

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.