Posts Tagged ‘Investment’

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.

Posted by Moishe Alexander

Funding of $9.2 million for 77 new affordable housing rental units for seniors, persons with disabilities, and low income households was announced today in Orillia.

Bruce Stanton, Member of Parliament for Simcoe North, 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 the Honourable Aileen Carroll, Ontario Minister of Culture, Minister Responsible for Seniors and Member of Provincial Parliament for Barrie, on behalf of the Honourable Jim Watson, Ontario’s Minister of Municipal Affairs and Housing; along with Cal Patterson, Warden of Simcoe County, and Ron Stevens, Mayor of the City of Orillia, made the announcement.

“The Government of Canada is helping make affordable housing available in Ontario and across Canada for those who need it most,” said MP Stanton. “Here in Orillia, this initiative will help many people in our community, while creating jobs and stimulating our economy. This investment is possible through Canada’s Economic Action Plan, our 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 Minister Carroll. “We will continue to work with our municipal partners to ensure more units are built during the life of this program.”

“The County of Simcoe is committed to providing a wide range of affordable housing options for residents in our 16 member municipalities and the cities of Barrie and Orillia,” stated County Warden Cal Patterson. “These new affordable housing units will support seniors in Orillia, allowing many to remain in their home community as they age. This project is another outstanding example of the great things that happen when we work in partnership with other levels of government and with our community.”

“We are extremely pleased to be awarded another 77 affordable housing units through the federal and provincial governments’ funding opportunities,” added Mayor Stevens. “As of today, non-profit organizations and private developers in the City of Orillia have completed 92 affordable and accessible housing units. With this new 77-unit project at 85 Barrie Road, we will have added a total of 169 units for low income families, seniors and the disabled since 2006.”

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 77 new affordable rental units at 85 Barrie Road in Orillia. The project is sponsored by developer Moe Zadeh of Serenity Residentials Inc.

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.