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	<title>Canadian Funding Corp. and Moishe Alexander Review CMHC Reports &#187; Patience</title>
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	<description>CMHC Reports Reviewed by Moishe Alexander</description>
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		<title>Williamsburg Celebrates New Affordable Housing</title>
		<link>http://canadian-funding-corp-cmhc.com/2009/11/williamsburg-celebrates-new-affordable-housing/</link>
		<comments>http://canadian-funding-corp-cmhc.com/2009/11/williamsburg-celebrates-new-affordable-housing/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 14:42:43 +0000</pubDate>
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				<category><![CDATA[CMHC]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[Affordable]]></category>
		<category><![CDATA[canada]]></category>
		<category><![CDATA[City]]></category>
		<category><![CDATA[Cornwall]]></category>
		<category><![CDATA[Corporation]]></category>
		<category><![CDATA[Diane Finley]]></category>
		<category><![CDATA[Funding]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[Housing Market]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[James Kooistra]]></category>
		<category><![CDATA[Jim Watson]]></category>
		<category><![CDATA[Mayor Bob Kilger]]></category>
		<category><![CDATA[Mayor Robert Gillard]]></category>
		<category><![CDATA[Minister Responsible]]></category>
		<category><![CDATA[MP Lauzon]]></category>
		<category><![CDATA[Parliament]]></category>
		<category><![CDATA[Patience]]></category>
		<category><![CDATA[Williamsburg]]></category>

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		<description><![CDATA[Posted by Moishe Alexander The Government of Canada, the Government of Ontario, and the community of Williamsburg today celebrated the opening of 20 new affordable rental units.&#160; 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 [...]]]></description>
			<content:encoded><![CDATA[<p>Posted by Moishe Alexander</p>
<p>The Government of Canada, the Government of Ontario, and the community<br />
of Williamsburg today celebrated the opening of 20 new affordable<br />
rental units.&nbsp; This project is supported by more than $1.4 million in<br />
funding through the Canada-Ontario Affordable Housing Program.</p>
<p>Guy Lauzon, Member of Parliament for Stormont-Dundas-South Glengarry,<br />
on behalf of the Honourable Diane Finley, Minister of Human Resources<br />
and Skills Development Canada and Minister Responsible for Canada<br />
Mortgage and Housing Corporation; Jim Brownell, Member of Provincial<br />
Parliament for Stormont – Dundas – South Glengarry on behalf of the<br />
Honourable Jim Watson, Minister of Municipal Affairs and Housing; Mayor<br />
Bob Kilger, City of Cornwall; Mayor Robert Gillard, Township of South<br />
Dundas; and housing sponsors James Kooistra and Trevor Tolley attended<br />
the ceremony.</p>
<p>“The Government of Canada is committed to making<br />
affordable housing available in Ontario and across Canada for those who<br />
need it the most,” said MP Lauzon. “These new rental units in<br />
Williamsburg will provide access to suitable, affordable housing for<br />
low-income seniors and individuals with special needs.”</p>
<p>“These<br />
20 units will have a positive impact on the people who will call them<br />
home and the community as a whole,” said MPP Brownell. “I would like to<br />
congratulate the developers and community groups for making these<br />
projects a reality.”&nbsp;&nbsp;</p>
<p>The 20-unit project, sponsored by<br />
Williamsburg Non-Profit Housing, will be occupied by low-income seniors<br />
and individuals with special needs.</p>
<p>The federal and provincial allocations to the project were complemented by over $153,000 in municipal incentives.</p>
<p>&nbsp;“I<br />
am pleased that new federal and provincial funding for affordable<br />
housing has made these 20 townhouses a reality,” said Mayor Robert<br />
Gillard. “I thank the Service Manager and Williamsburg Non-Profit<br />
Housing Corporation for all their work and dedication to help so many<br />
individuals benefit from this new housing service.&nbsp; Patience and<br />
persistence pays off.&#8221;</p>
<p>The Canada – Ontario Affordable Housing<br />
Program Agreement, signed in 2005, comprises a commitment of $301<br />
million from each of the two senior levels of government.&nbsp; In total,<br />
the federal, provincial and municipal governments will invest at least<br />
$734 million in the program, which will provide affordable housing for<br />
up to 20,000 households in Ontario.</p>
<p>Last fall, the Government of<br />
Canada committed more than $1.9 billion over the next five years to<br />
improve and build new affordable housing and to help the homeless.<br />
Canada&#8217;s Economic Action Plan builds on this with an additional<br />
one-time investment of more than $2 billion over two years in new and<br />
existing social housing and lending of up to another $2 billion to<br />
municipalities for housing-related infrastructure. Combined for<br />
Ontario, this means a further $1.2-billion joint investment under the<br />
amended Canada-Ontario Affordable Housing Program Agreement. The<br />
federal and provincial governments are contributing equally to this<br />
overall investment.</p>
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