Moishe Alexander and Canadian Funding Corporation Review CMHC Reports

Posted by Moishe Alexander

Funding of $6.6 million for 132 new affordable housing rental units for seniors living on low income was announced today in Thunder Bay.

The Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC); Bill Mauro, Member of Provincial Parliament for Thunder Bay – Atikokan, on behalf of the Honourable Jim Watson, Ontario’s Minister of Municipal Affairs and Housing; Councillor Joe Virdiramo, Secretary – Treasurer of The District of Thunder Bay Social Services Administration Board (TBDSSAB); City of Thunder Bay Councillor Brian McKinnon; along with Tracy Buckler, President & CEO of St. Joseph’s Care Group 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 Minister Finley. “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.”

“Today’s announcement positions Thunder Bay as a community with the full continuum of health care for seniors,” said Bill Mauro, MPP Thunder Bay – Atikokan. “Supportive housing has long been viewed as the missing piece, and today we have addressed that component in a very big way.”

“The TBDSSAB is pleased that the vision of a Centre of Excellence for Integrated Seniors’ Services is one step closer to being realized. Through service integration and partnership, the 132 unit supportive housing project will improve the quality of services to seniors, allowing them to maintain their independence while receiving necessary supports to age in place,” said Joe Virdiramo, Secretary – Treasurer, The District of Thunder Bay Social Services Administration Board.

“Thunder Bay welcomes the Federal and Provincial support for this exciting aspect of the Centre of Excellence for Integrated Seniors’ Services,” said Mayor Lynn Peterson. “Supportive housing allows our seniors to live independently and gain better access to the health care services they need.”

“This 132-unit Supportive Housing building is a vital element to ensure the continuum of care model as envisioned during the Centre of Excellence for Integrated Seniors’ Services (CEISS) project planning. We know that seniors would prefer to live independently in an apartment setting if they are able. This project will permit more seniors to age in place while receiving the assistance they require,” said Tracy Buckler, President & CEO, St. Joseph’s Care Group and Co-Chair of the CEISS Steering Committee.

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 funding for the 132-unit Centre of Excellence for Integrated Seniors’ Services project at 300 Lillie Street North. The project is sponsored by St. Joseph’s Care Group.

Tags: Affordable, Alexander, announcement, Canadian, community, Corporation, Development, economy, Government, Homelessness, Humanity, Infrastructure, Investment, Investments, Ontario
Posted in CMHC, Canada