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BELLEVILLE, July 20, 2009 — The Government of Canada, the Government of Ontario, and Hastings County today celebrated 40 affordable housing units in six new projects. The projects are supported by $2.8 million in funding under the Canada – Ontario Affordable Housing Program.

Daryl Kramp, Member of Parliament for Prince Edward – Hastings, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development Canada, and Minister responsible for Canada Mortgage and Housing Corporation; the Honourable Leona Dombrowsky, Minister of Agriculture, Food and Rural Affairs and Member of Provincial Parliament for Prince Edward – Hastings, on behalf of the Honourable Jim Watson, Minister of Municipal Affairs and Housing; Hastings County Warden Ron Emond; and affordable housing sponsors Ken and Gus Papakiriazis of K G Holdings, Chris Zavos and Adam Zegouras of 792169 Ontario Inc., and Phil and Gord Spry of Springale Development Inc. 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 Kramp. “Here in Hastings County, the creation of these units will help people in our community access suitable, affordable housing that meets their specific needs.”

“Through the construction of safe affordable housing, we are helping vulnerable people establish and maintain the stability that so many of us simply take for granted,” said Minister Dombrowsky. “These housing developments will make a positive difference in the lives of the people who will call them home.”

Today’s announcement recognized six affordable housing projects in Hastings County, totalling over $3.2 million in capital costs:

• The official opening of an 18-unit project in Belleville is sponsored by Springale Development Inc. The project received more than $1.2 million under the Canada – Ontario Affordable Housing Program. The units will be occupied by individuals living on low-income.
• A 6-unit project in Trenton, sponsored by KG Holdings, received $420,000 in funding under the Canada – Ontario Affordable Housing Program for low-income individuals.
• A 3-unit project in Frankford, sponsored by KG Holdings, received $210,000 in funding under the Canada – Ontario Affordable Housing Program for low-income individuals.
• A 10-unit project in Bancroft, sponsored by Ken Papakiriazis, received $700,000 under the Canada – Ontario Affordable Housing Program. The units will be occupied by low-income individuals.
• A 2-unit project in Tweed, sponsored by Chris Zavos and Adam Zegouras of 792169 Ontario Inc., received $140,000 under the Canada – Ontario Affordable Housing Program. The units will be occupied by low-income individuals.
• A 1-unit project in Frankford, sponsored by KG Holdings, received $70,000 under the Canada – Ontario Affordable Housing Program. The unit will be occupied by low-income individuals.

“Hastings County is committed to providing safe, moderate, affordable housing for all its residents,” said Warden Emond. “The opening of these projects illustrate that with the support of both federal and provincial governments, our commitment will become a reality”.

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 start” projects to 36 totaling over $70 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.

Article source: http://www.cmhc.ca/en/corp/nero/nere/2009/2009-07-20-1000.cfm

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