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Canada’s Economic Action Plan Delivers Housing-Related Infrastructure Loan for North Battleford

Comments: 0April 7th, 2010 by admin

Posted by Moishe Alexander

The Government of Canada announced today that the City of North Battleford has been approved for an infrastructure loan as part of Canada’s Economic Action Plan. The announcement was made by the Agriculture Minister Gerry Ritz and Member of Parliament (Battlefords – Lloydminster) on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC).

“Our Government understands the importance of infrastructure in maintaining strong and prosperous communities,” said Minister Ritz. “This program is opening the door for municipalities to meet their housing-related infrastructure needs. Canada’s Economic Action Plan will continue to create jobs, stimulate communities in all corners of the country, and support Canadian workers and families.”

North Battleford has been approved for $2.5 million in a low-cost loan from CMHC’s Municipal Infrastructure Lending Program (MILP), to increase the water treatment capacity at the groundwater supply water treatment plant #1. The expansion will better utilize the existing groundwater supply facilities, will improve the availability of treated water storage and will reduce produced water loss for residents of North Battleford.

“The $2.5 million CMHC Municipal Infrastructure loan will help our city meet an increasing demand for water in North Battleford,” said North Battleford Mayor Ian Hamilton. “Site preparation for the expansion of Water Treatment Plant No.1 is now underway and the entire project will be complete by March 2011.”

Canada’s Economic Action Plan provides up to $2 billion in direct low-cost loans to municipalities, over two years, for housing-related infrastructure projects through the MILP. Municipal infrastructure loans are available to any municipality in Canada and provide a new source of funds for municipalities to invest in housing-related infrastructure projects. These low cost loans can also be used by municipalities to fund their contribution for cost-shared federal infrastructure programming.

Eligible projects include infrastructure related to housing services such as water, power generation and waste services, as well as local transportation infrastructure within and into residential areas, such as roads, sidewalks, lighting and green space.

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.

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Posted in CMHC, Ontario, moishe alexander

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

Comments: 0March 11th, 2010 by admin

BARRIE, ONTARIO, February 19, 2010 — The Government of Canada announced today that 13 housing co-­operatives located in Ontario will receive more than $2 million, through Canada’s Economic Action Plan, as part of the social housing renovation and retrofit investments.

The announcement was made by Patrick Brown, Member of Parliament for Barrie, 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 Patrick Brown. “Funding renovation and retrofit projects, like these ones, will not only improve the quality of life of the residents by keeping their homes safe and affordable but also help stimulate the local economy and create 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 that they administer on behalf of the partnership. The remaining $150 million is being delivered by CMHC for existing federally assisted off-reserve housing that it directly administers. Eligible repairs include general improvements, energy-efficiency upgrades or conversions, and modifications in support of persons with disabilities.

As of February 1, 2010, CMHC is accepting applications from eligible project sponsors for the remaining $75 million funding for Phase II of Canada’s Economic Action Plan. Sponsor groups can apply online or through the mail. 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 as follows:
Gloucester, Birchwood Meadow Housing Co-operative $386,182
Sault Ste. Marie, Cambrian Co-operative Housing Corp. $316,215
Thunder Bay, Castlegreen Co-operative Inc. $239,300
Thunder Bay, Cataraqui Cooperative Homes Inc. $92,689
Ottawa, Elmvale Housing Co-operative Inc. $246,505
Timmins, Genesis Housing Co-operative Corp. $152,150
North Bay, Genesis Housing Co-operative $142,102
Sudbury, Place Verchères $138,400
Sudbury, Robin’s Nest Co-operative Homes Inc. $133,927
Ottawa, Sandy Hill Housing Co-operative $235,405
Sudbury, The Bob and Kay Carlin Co-operative $432,586
Barrie, Three Links Co-operative Housing $180,413
North Bay, La Co-op d’habitation la Seigneurie $34,207

“In the spirit of co-operation, Three Links Co-operative Housing will continue to strive to provide quality affordable housing to future generations,” said Denise Cornish, Member of the Board of Directors, Three Links Co-operative Housing. “Thanks to the Government of Canada and CMHC, for without the grant, this work could not have been completed.”

“We congratulate and thank the federal government, Minister Finley and CMHC for making a sound investment to renovate and retrofit these non-profit housing co­operatives,” said Patrick Newman, Ontario Regional Director on the board of the Co­operative Housing Federation of Canada. “This is an excellent example of stimulus that works; it will create and preserve jobs and protect a valuable source of affordable housing for vulnerable Canadians.”
Posted by Moishe Alexander.

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Posted in CMHC, Ontario

Governments of Canada, Ontario and the Town of Hawkesbury Celebrate New Affordable Housing

Comments: 0March 10th, 2010 by admin

HAWKESBURY, ON, February 10, 2010 — The Government of Canada, the Government of Ontario, the United Counties of Prescott and Russell and the Town of Hawkesbury today celebrated the start of construction of 24 affordable rental units. The project is supported by $2.88 million in funding through the Canada – Ontario Affordable Housing Program.

Pierre Lemieux, Member of Parliament for Glengarry – Prescott – Russell, 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 Jean-Marc Lalonde, Member of Provincial Parliament for Glengarry – Prescott – Russell on behalf of Jim Bradley, Minister of Municipal Affairs and Housing; along with Conrad Lamadeleine, Warden of the United Counties of Prescott and Russell, Jeanne Charlebois, Mayor of the Town of Hawkesbury, made the announcement.

“Our government is providing a hand up to those Canadians who need it the most,” said MP Pierre Lemieux. “We’re committed to making communities stronger through projects like this one here in Hawkesbury. These investments in local infrastructure will help create new jobs stimulate the local economy.”

“The province is committed to helping people who live on lower or fixed incomes stay in their home communities,” said MPP Jean-Marc Lalonde. “These 24 new affordable rental units are going to make a positive difference in the lives of the individuals living here, and make an excellent addition to the Town of Hawkesbury.”

The 24-unit project located at 300 Nelson Street received $2.88 million in funding through the two-year extension of the Canada – Ontario Affordable Housing Program and is sponsored by the Brisson/Labelle Partnership. The building will be occupied by individuals living on low incomes, including persons with disabilities and special needs.

“It is living proof that with partnerships between various levels of governments and the private sector, we can achieve important projects like this one and this participation will allow our community to enjoy more affordable housing,” said Warden Conrad Lamadeleine.

“We welcome this new housing development in our town and we congratulate Mr. Marc-André Labelle, Mr. Dominic Labelle and Mr. Jean-Luc Brisson for the opportunity they are offering our residents seeking affordable housing” said Mayor Jeanne Charlebois.

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.

Ontario is moving quickly to get new housing built. The province has already approved more than $224 million for construction-ready projects, which will improve access to affordable housing for low-income families, seniors and persons with disabilities across the province. It will also create jobs and strengthen local economies. To find out more about affordable housing in Ontario, visit www.mah.gov.on.ca.
Posted by Moishe Alexander.

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Posted in CMHC, Ontario

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