Posted by Moishe Alexander
The Government of Canada announced today that two housing co-operatives in the Amherstburg and Windsor areas will receive more than $600,000, through Canada’s Economic Action Plan, as part of the social housing renovation and retrofit investments.
The announcement was made at the Rosewood Crescent Housing Co-operative by Jeff Watson, Member of Parliament for Essex, 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 Watson. “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:
Rosewood Crescent Co-operative Housing Inc. (Amherstburg) $169,753
Border City Co-operative Homes Inc. (Windsor) $448,000
“We congratulate and thank the federal government, MP Watson and CMHC for making a sound investment to help ensure that this affordable community is preserved as a legacy for the long-term benefit of its residents,” said Ken Elliott, President of the Co-operative Housing Federation of Canada. “Today’s announcement 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 Kim Klyn, Corporate Secretary, Rosewood Crescent Housing Co-operative. “These significant renovations will have a tremendous positive impact for our members and their quality of life.”
“We are very pleased to be working with CMHC and the Government of Canada on the Renovation and Retrofit grant through Canada’s Economic Action Plan”, said Anna Angelidis, Executive Director, Labour Sponsored Community Development Group, on behalf of Border City Co-operative Homes Inc. “This grant not only stimulates the local economy, but it also provides for a healthier, safer and more energy efficient home environment for the current and future members of Border City co-op.”
Tags: Action, Alexander, Anna Angelidis, announcement, Border City, Canada, CMHC, Co-operative, Development, Diane Finley, Economic, economy, Executive Director, Government, Inc, Jeff Watson, Ken Elliott, Kim Klyn, MP Watson, Ontario, renovation, Rosewood Crescent, Windsor
Posted in CMHC, Canada, affordable housing