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BRANTFORD, ON, September 11, 2009 – The Government of Canada, the Government of Ontario, and the City of Brantford today celebrated the start of construction of four affordable housing projects and the official openings of four projects. The projects are supported by more than $9.5 million in funding under the Canada – Ontario Affordable Housing Program to create 171 affordable housing units.

Phil McColeman, Member of Parliament for Brant, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development Canada and Minister Responsible for Canada Mortgage and Housing Corporation; Dave Levac, Member of Provincial Parliament Brant, on behalf of the Honourable Jim Watson, Minister of Municipal Affairs and Housing; Mike Hancock, Mayor of Brantford; and affordable housing sponsors Meadows Court Properties Inc., Multani Custom Homes Ltd., Telephone City Developments Ltd., 1372360 Ontario Inc., Freedom House International Church and Brant Native Housing attended the event.

“The Government of Canada is committed to making affordable housing available in Ontario and across Canada for those who need it most,” said MP McColeman. “These projects will give individuals and families of Brant and Brantford access to safe and affordable housing that meets their needs.”

“This is great news for Brantford,” said MPP Dave Levac. “Once again, the provincial and federal governments have teamed up with the City of Brantford to develop and provide affordable housing for those that need it most. In addition, we have given a boost to the local economy, making Brantford a great place to live, play and raise a family.”

Today’s announcement recognized eight affordable housing projects in Brantford funded under the Canada – Ontario Affordable Housing Program:

• The official opening of a 6-unit project sponsored by Brant Native Housing Inc. The project received $420,000. The units will be occupied by low-income individuals and those with special needs.
• The start of construction of Alfred Street Apartments, a 39-unit project sponsored by Multani Custom Homes Ltd. The project received $2.3 million. The units will be occupied by low-income families and individuals and those with special needs.
• The start of construction of a 24-unit project sponsored by Meadows Court Properties Inc., located in Paris. The project received $1.4 million. The units will be occupied by low-income individuals and those with special needs.
• The official opening of an 11-unit project sponsored by Meadows Court Properties Inc. The project received $550,000. The units will be occupied by low-income individuals and those with special needs.
• The start of construction of a 15-unit project sponsored by Freedom House International Church. The project received $750,000. The units will be occupied by low-income individuals and those with special needs.
• The start of construction of the McCutcheon Lofts, 34-unit project sponsored by Telephone City Developments Ltd. The project received $1.7 million. The units will be occupied by low-income families and individuals.
• The official start of construction of Winniett Street Apartments, a 32-unit project sponsored by Meadow Court Properties. The project received over $1.78 million. The units will be occupied by low-income families and individuals and people with special needs.
• The official opening of the Uptown Downtown Suites, a 10-unit project sponsored by 1372360 Ontario Inc. The project received $600,000. The units will be occupied by low-income families and individuals and those with special needs.

The federal and provincial allocations to the project were complemented by more than $900,000 in municipal financial incentives.

“The City of Brantford is pleased to have participated with the federal and provincial governments in providing these much needed additions to the housing stock in our community,” said Mike Hancock, Mayor of Brantford. “These projects not only keep the local economy thriving, but they work towards a shared goal of building strong communities where everyone has a place to call home.”

“The County of Brant is pleased to celebrate the start of construction of 130 West River Street in Paris, alongside our federal and provincial government partners,” said the Mayor of Brant County, Ron Eddy. “This affordable housing project is another fine example of the re-use of a heritage building and we are pleased that Meadows Court Properties is producing another attractive, affordable housing project in our municipality.”

The Canada – Ontario Affordable Housing Program Agreement, signed in 2005, 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.

Last fall, 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 implement this additional funding, which increases the number of “Quick Starts” to 39 totaling over $76.5 million and which will improve access to affordable housing for low-income families, seniors and persons with disabilities. It will also create jobs and strengthen local economies. To find out more about affordable housing in Ontario, visit www.mah.gov.on.ca.

To find out more about how the Government of Canada and CMHC are working to build stronger homes and communities for all Canadians, call CMHC at 1-800-668-2642 or visit www.cmhc.ca/housingactionplan. For more information on Canada’s Economic Action Plan, call 1-800-O Canada or visit www.actionplan.gc.ca.

For further information please contact:

For more information visit: www.ontario.ca/housing

See related speech

(from L to R) Mike Hancock, Mayor of Brantford; Phil McColeman, Member of Parliament for Brant; Dave Levac, Member of Provincial Parliament for Brant; and Ron Eddy, Mayor of Brant County; celebrate the official opening of four affordable housing projects and the start of construction of four affordable housing projects in Brantford and Brant County on September 11, 2009.

Phil McColeman, Member of Parliament for Brant, announces more than $9.5 million in funding for eight affordable housing projects in Brantford and Brant County on September 11, 2009.

Article source: http://www.cmhc.ca/en/corp/nero/nere/2009/2009-09-11-1300.cfm

Tags: Toronto House, Toronto Housing, Toronto Realtor

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