Durham Region Gets $2 Million Boost For Affordable Housing
Posted by: Toronto Real Estate Admin / Category: News Bulletin
OSHAWA, February 2, 2009 — Low-income families, seniors and people with special needs will soon benefit from the development of 29 new affordable homes in the City of Oshawa. More than $2 million committed under the Canada – Ontario Affordable Housing program will help fund the new affordable housing project about to begin construction.
The announcement was made by Colin Carrie, Member of Parliament for Oshawa, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development Canada and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC); Joe Dickson, MPP for Ajax – Pickering, on behalf of the Honourable Jim Watson, Ontario’s Minister of Municipal Affairs and Housing; and Durham Regional Chair Roger Anderson.
“The Government of Canada is committed to making affordable housing available in Ontario and across Canada for those who need it most,” said MP Carrie. ”This funding is helping the Bloor Park Village give seniors and people with special needs in Oshawa hope, dignity and a path to a safer, better and stronger future.”
“Between this new development in Oshawa and our $47 million affordable housing development announced by Minister Watson in Ajax last year, I am glad to see governments coming together to meet our current challenges of Durham Region,” said MPP Dickson.
Bloor Park Village, sponsored by Cher-Brook – Bloor Park Village, is a $5.1 million project that includes $2.03 million in funding under the Canada – Ontario Affordable Housing Program. The units will be occupied by Individuals with physical disabilities and other special needs.
“We are extremely pleased by this announcement,” stated Regional Chair Roger Anderson. “The funding provided through the Canada – Ontario Affordable Housing Program will help to ensure that safe and affordable housing is available for residents living in Durham Region. We look forward to a continued relationship with our provincial, federal and municipal partners.”
The Canada – Ontario Affordable Housing Program 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 20,000 households in Ontario.
Media Inquiries:
For more information visit: www.ontario/housing.ca
Article source: http://www.cmhc.ca/en/corp/nero/nere/2009/2009-02-02-1600d.cfm
Tags: Toronto House, Toronto Housing, Toronto Realtor