Governments of Canada and Ontario celebrate affordable housing in Durham Region

Author: Toronto Real Estate Admin / Category: News Bulletin

OSHAWA, ON, March 23, 2018 — More families, seniors and Indigenous peoples in Durham Region will now have a place to call home. The federal and provincial governments are investing over $44 million to create more than 358 affordable housing units in the area.

Celina Caesar-Chavannes, Member of Parliament for Whitby, on behalf of the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), along with Granville Anderson, Member of Provincial Parliament for Durham, on behalf of the Honourable Peter Milczyn, Ontario’s Minister of Housing and Minister Responsible for the Poverty Reduction Strategy, spoke at the event. Dan Carter, Regional Councillor and President of Durham Region Non-Profit Housing Corporation, on behalf of Roger Anderson, Regional Chair and Chief Executive Officer for Durham Region also participated.

The announcement took place at an official opening for Ritson Residence, at 1658 Ritson Road North in Oshawa, which provides 75 affordable apartments, including 29 accessible units, for seniors and people living with disabilities. The Investment in Affordable Housing (IAH) program funded 62 units.

Quick facts:

  • Ritson Residence was built in partnership with Mahogany Management and received over $6.7 million in funding from the governments of Canada and Ontario through the Investment in Affordable Housing agreement.
  • Seven more affordable housing developments in Beaverton, Bowmanville, Cannington, Oshawa and Whitby were also celebrated at the event.
  • The Governments of Canada and Ontario have partnered together to deliver the IAH program since 2011. Under the IAH, Ontario and the federal government are investing a total of $1.9 billion.

Quotes:

“Our Government is investing in affordable housing here in Durham and across Canada to help improve the quality of life for those who need it most. Secure housing provides the basic building block for better health, access to sustainable employment and, most importantly, peace of mind. With our partners, we are providing a helping hand for individuals and families in need, and in doing so, we are contributing to the economic and social well-being of the entire community.”
— Celina Caesar-Chavannes, Member of Parliament for Whitby

“Housing is the foundation upon which people build their lives. Over the past four years, I have listened to my constituents express their concerns about housing affordability, and I am thrilled to make this important announcement today. Our investments in stable and affordable housing in the Durham Region create a strong future for our community, and help more families prosper.”
— Granville Anderson, Member of Provincial Parliament for Durham

“Today, we celebrate affordable housing in Durham Region. We welcome the continued funding commitment from our provincial and federal partners. It is a positive step forward in helping to address the needs of low- to moderate-income residents in our region, and we look forward to working more closely with the senior levels of government in the future. An investment in affordable housing benefits everyone, and builds strong and vibrant communities for years to come.”
Roger Anderson, Regional Chair and Chief Executive Officer for Durham Region

“We would like to thank the Government of Canada, Province of Ontario and Durham Region for their ongoing support in turning the dream of Ritson Residence into quality affordable housing for our residents.”
— Tim Neeb, President of Mahogany Management

Associated links:

  • As Canada’s authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to all levels of Canadian government, consumers and the housing industry. For more information, follow us on Twitter, YouTube, LinkedIn and Facebook.
  • Investing in affordable housing is part of Ontario’s plan to create fairness and opportunity during this period of rapid economic change. Since 2003, the province has committed more than $5nbsp;billion in funding for affordable housing, which has helped support more than 22,000 new affordable rental housing units, more than 335,000 repairs and improvements to social and affordable housing units and rental and down payment assistance to more than 93,000 households in need. These investments complement the commitments made through Ontario’s recent Long-Term Affordable Housing Strategy update, and support the province’s goal of ending chronic homelessness by 2025. For more information on affordable housing in Ontario, visit ontario.ca/affordablehousing or follow us on Twitter.
  • Canada’s first ever National Housing Strategy is a 10-year, $40-billion plan that will give more Canadians a place to call home. Under the National Housing Strategy, the federal government will recognize and progressively implement every Canadian’s right to access housing that meets their needs and that they can afford. For more information on the National Housing Strategy visit www.placetocallhome.ca.

Media contacts:

Émilie Gauduchon
Press Secretary
Office of Minister Duclos
819-654-5546
emilie.gauduchon@hrsdc-rhdcc.gc.ca

Wilbur McLean
Public Affairs
Canada Mortgage and Housing Corporation
416-218-3331
wmclean@cmhc-schl.gc.ca

George Mason
Press Secretary
Office of Minister Milczyn
416-219-7616
george.mason@ontario.ca

Praveen Senthinathan
Communications
Ministry of Housing
416-585-7066
MHO.media@ontario.ca

Backgrounder

New affordable rental housing projects in Durham Region

Eight projects will provide affordable housing for individuals and families in Durham Region.

Article source: http://www.cmhc-schl.gc.ca/en/corp/nero/nere/2018/2018-03-23-1115.cfm

Governments of Canada and Ontario celebrate affordable housing in Kingston and the Thousand Islands region

Author: Toronto Real Estate Admin / Category: News Bulletin

KINGSTON, ON, March 16, 2018 — More families, seniors and people living with mental illness and addictions will now have a place to call home in Kingston and the Thousand Islands region. The federal and provincial governments are investing over $9 million to create 78 affordable housing units.

Mark Gerretsen, Member of Parliament for Kingston and the Islands, on behalf of the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), along with Sophie Kiwala, Member of Provincial Parliament for Kingston and the Islands on behalf of the Honourable Peter Milczyn, Ontario’s Minister of Housing and Minister Responsible for the Poverty Reduction Strategy, made the announcement today. Bryan Paterson, Mayor of the City of Kingston also participated.

The announcement took place at an official announcement for Addiction and Mental Health Services’ 35 Lyons Street location, which will include 23 affordable housing units.

Other affordable housing developments in Kingston, Brockville, Gananoque and Lansdowne were celebrated at the event.

Quick facts:

  • 35 Lyons Street will be built next door to another Addiction Mental Health Services – Kingston Frontenac Lennox Addington building for people living with addiction and mental health challenges. The location at 31 Lyons Street opened in 2011 and contains 46 units.
  • The governments of Canada and Ontario jointly contributed over $2.7 million to 35 Lyons Street through the Investment in Affordable Housing (IAH) agreement.

Quotes:

“Through investments in affordable housing, our Government is providing assistance to those who need it most here in the City of Kingston and the Thousand Islands region and in all corners of the country. We are committed to making communities stronger through projects like these. These investments help create new jobs and stimulate the local economy, while providing access to safe, affordable homes for Canadian seniors, families and individuals.”
— Mark Gerretsen, Member of Parliament for Kingston and the Islands

“Our government is helping people in Kingston and the Thousand Islands region have a safe and affordable place to call home. Not only does it help individual families thrive, it strengthens our entire community.”
— Sophie Kiwala, Member of Provincial Parliament for Kingston and the Islands

“I’m pleased to learn that the Government of Ontario and Government of Canada are announcing funds for 23 units in Kingston designated for supportive housing for individuals experiencing addiction and mental health challenges. A key priority for Kingston City Council is to advance affordable housing to meet the diverse and evolving housing needs in our community. I’m glad we can work together to move these housing initiatives forward and ensure everyone in the community has access to affordable housing.”
— Bryan Paterson, Mayor of the City of Kingston

“Housing security is an essential part of ensuring people living with mental health and addiction issues achieve and maintain recovery; in particular supportive housing. This new affordable housing initiative will ensure those most in need have a place to call home. This is as much about creating community as it is building badly needed affordable housing. AMHS-KFLA is grateful to the Provincial and Federal government as well as the City of Kingston for assisting with the funding for this project.”
— Don Seymour, Chief Executive Officer, Addiction Mental Health Services – Kingston Frontenac Lennox Addington

Associated links:

  • As Canada’s authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to all levels of Canadian government, consumers and the housing industry. For more information, follow us on Twitter, YouTube, LinkedIn and Facebook.
  • Investing in affordable housing is part of Ontario’s plan to create fairness and opportunity during this period of rapid economic change. Since 2003, the province has committed more than $5 billion in funding for affordable housing, which has helped support more than 22,000 new affordable rental housing units, more than 335,000 repairs and improvements to social and affordable housing units and rental and down payment assistance to more than 93,000 households in need. These investments complement the commitments made through Ontario’s recent Long-Term Affordable Housing Strategy update, and support the province’s goal of ending chronic homelessness by 2025. For more information on affordable housing in Ontario, visit ontario.ca/affordablehousing or follow us on Twitter.

Media contacts:

Émilie Gauduchon
Press Secretary
Office of Minister Duclos
819-654-5546
emilie.gauduchon@hrsdc-rhdcc.gc.ca

Wilbur McLean
Public Affairs
Canada Mortgage and Housing Corporation
416-218-3331
wmclean@cmhc-schl.gc.ca

Matt Ostergard
Senior Communications Advisor
Office of Minister Milczyn
416-585-7647
matt.ostergard@ontario.ca

Praveen Senthinathan
Communications
Ministry of Housing
416-585-7066
MHO.media@ontario.ca

Backgrounder

New affordable rental housing projects in Kingston and the Thousand Islands region

Ten projects will provide affordable housing for individuals and families in Kingston and the Thousand Islands region.

Article source: http://www.cmhc-schl.gc.ca/en/corp/nero/nere/2018/2018-03-16-1015.cfm

Toronto Real Estate Board Calls On Provincial Parties To Outline Housing Policy

Author: Toronto Real Estate Admin / Category: Toronto Realtor

TORONTO, March 14, 2018
Housing policy, both rental and ownership, has dominated headlines in the Greater Golden Horseshoe (GGH) over the last two years. The Toronto Real Estate Board (TREB) hopes that a vigorous housing policy debate between all three major provincial parties will take place as we move toward the June 7 provincial election. 

“Greater Toronto Area REALTORS® have been involved in recent discussions on provincial housing policy which impact the GGH, including the tax on foreign buyers, rent control and increases to the provincial and municipal land transfer taxes, among others. Recent issues in the housing policy debate should  come to the fore as we move toward the June election. Recent research and past experiences have shown that demand-focused measures do not lead to long term affordability in the housing market,” said TREB President Tim Syrianos. 

“What would go a long way in achieving sustained market balance would be policies pointed at a diversity of ownership and rental supply in the marketplace. This could include re-examining current policies constraining supply and additional policies that could help bridge the gap between traditional low-rise types and high-rise condo apartments, often referred to as the missing middle. Consumers also need relief from high taxation such as provincial and municipal land transfer taxes which is affecting affordability and discouraging mobility,” said TREB CEO John DiMichele. 

Access to housing in one form or another is top-of-mind for the great majority of residents. Each party should make very clear exactly what they will do to ensure sustained affordability in all segments of the housing market over the long term.

For Backgrounder Click Here

Article source: http://www.trebhome.com/market_news/release_market_updates/news2018/nr_housing_policies_provincial_parties.htm

75 more units of affordable rental housing in Vaughan

Author: Toronto Real Estate Admin / Category: News Bulletin

VAUGHAN, ON, March 13, 2018 — More families, individuals and seniors living in Vaughan will soon have a place to call home at Woodbridge Lane. The federal and provincial governments are investing over $11 million to create 75 affordable housing units through the Canada – Ontario Investment in Affordable Housing (IAH) agreement.

Member of Parliament for Vaughan – Woodbridge, Francesco Sorbara, on behalf of the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), along with Member of Provincial Parliament for Vaughan, Steven Del Duca, on behalf of the Honourable Peter Milczyn, Ontario’s Minister of Housing and Minister Responsible for the Poverty Reduction Strategy, made the announcement today. Jack Heath, Deputy Mayor of the City of Markham and Chair of Housing York Inc. also participated in the event on behalf of Wayne Emmerson, Chairman and CEO of York Region. Sunder Singh, Local and Regional Councillor for York Region and the City of Vaughan, participated in the event on behalf of the Honourable Maurizio Bevilacqua, Mayor, City of Vaughan.

Woodbridge Lane will feature 162 units for families, individuals and seniors, including 75 units funded by the IAH program. Highlights include indoor and outdoor play spaces for children, a rooftop garden and accessible units for people with disabilities.

Quick facts:

  • The governments of Canada and Ontario jointly contributed over $11 million to Woodbridge Lane through the IAH agreement.
  • York Region contributed more than $35 million to the development.
  • Woodbridge Lane is designed to achieve superior energy performance and meet LEED-like standards; features include automated building mechanical systems, bike storage and parking, three — stream waste management system, and the use of permeable paving.
  • Canada’s first ever National Housing Strategy is a 10-year, $40-billion plan that will give more Canadians a place to call home. Under the National Housing Strategy, the federal government will recognize and progressively implement every Canadian’s right to access housing that meets their needs and that they can afford.

Quotes:

“Our Government is investing in affordable housing here in Vaughan and across Canada to help create jobs and improve the quality of life for those who need it most. Thanks to the combined efforts of our partners, we are able to give a helping hand to individuals in need, and in doing so, we are contributing to the economic and social well-being of the entire community.”

Francesco Sorbara, Member of Parliament for Vaughan-Woodbridge

“We are investing in affordable housing in Vaughan to help create opportunities and improve the quality of life for the community. This new development will give 75 individuals, families and seniors a new place to call home.”

Steven Del Duca, Member of Provincial Parliament for Vaughan

“York Region is home to 1.2 million people and ensuring there are a variety of housing options available to meet this diverse and growing need of all residents is a priority for York Regional Council. We appreciate the ongoing support of our provincial and federal partners in advancing this fundamental need.”

Wayne Emmerson, Chairman and CEO, The Regional Municipality of York

“We welcome today’s announcement by the Ministry of Housing and the Government of Canada, as it represents a step in the right direction in providing housing options to the citizens of Vaughan. This project is an effective response to the efforts of our city and residents who have been requesting action on this important issue. Affordable housing is an integral component of city-building for it is inclusive and embraces values which address the needs of a diverse and ever-changing community.”

Maurizio Bevilacqua, Mayor, City of Vaughan

Associated links:

  • As Canada’s authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to all levels of Canadian government, consumers and the housing industry. For more information, follow us on Twitter, YouTube, LinkedIn and Facebook.
  • Investing in affordable housing programs is part of Ontario’s plan to create jobs, grow the economy and help people in their everyday lives. Since 2003, the province has committed more than $5 billion in funding for affordable housing, which has helped support more than 22,000 new affordable rental housing units, more than 335,000 repairs and improvements to social and affordable housing units and rental and down payment assistance to more than 93,000 households in need. These investments complement the commitments made through Ontario’s recent Long-Term Affordable Housing Strategy update, and support the province’s goal of ending chronic homelessness by 2025. For more information on affordable housing in Ontario, visit ontario.ca/affordablehousing or follow us on Twitter.

Media contacts:

Émilie Gauduchon
Press Secretary
Office of Minister Duclos
819-654-5546
emilie.gauduchon@hrsdc-rhdcc.gc.ca

Wilbur McLean
Public Affairs
Canada Mortgage and Housing Corporation
437-333-3299
wmclean@cmhc-schl.gc.ca

Matt Ostergard
Senior Communications Advisor
Office of Minister Milczyn
416-585-7647
matt.ostergard@ontario.ca

Conrad Spezowka
Communications
Ministry of Housing
416-585-7066
MHO.media@ontario.ca

Article source: http://www.cmhc-schl.gc.ca/en/corp/nero/nere/2018/2018-03-13-1200.cfm