Brampton Families and Individuals to Benefit from 269 New Affordable Housing Units
Posted by: Toronto Real Estate Admin / Category: News Bulletin
PEEL REGION, February 21, 2008 — The Government of Canada, the Government of Ontario and the Region of Peel today celebrated the announcement of more than $17 million in funding for affordable housing in Peel Region. The funding will help create 269 new affordable rental units in two Brampton projects.
The announcement was made by the Honourable Monte Solberg, Minister of Human Resources and Social Development Canada; Linda Jeffrey, Member of Provincial Parliament for Brampton – Springdale, on behalf of the Honourable Jim Watson, Ontario’s Minister of Municipal Affairs and Housing; and Peel Regional Councillor John Sanderson, on behalf of Peel Regional Chair Emil Kolb, at an event to congratulate project sponsors.
“The Government of Canada is committed to making affordable housing available in Ontario and across Canada for those who need it most,” said Minister Solberg. “Here in Brampton, these new apartments will help low-income families and individuals, including seniors and people with special needs, access safe, affordable and quality housing, helping them to build a stronger future.”
“One of our fundamental responsibilities is to support the most vulnerable people in our communities,” said MPP Jeffrey. “This investment will help individuals, seniors, and families in Peel Region who are working to build a better and stronger future.”
Today’s announcement was made at the Canadian Legion in Brampton, a future affordable rental project sponsored by Peel Housing Corporation. The $35.7 million project, which includes $11.3 million from the Canada – Ontario Affordable Housing Program, will result in 175 apartment units for low-income families and individuals, including seniors and people with special needs.
The Coptic Church, an additional affordable housing project sponsored by Peel Housing Corporation, is underway in Brampton. The $17.2 million project, including $6 million from the Canada – Ontario Affordable Housing Program, will provide 94 units of affordable housing to low-income families and individuals, including seniors and people with special needs.
“Increasing numbers of families and individuals in Peel pay more than half of their income for housing, making the need for more affordable rental housing a priority,” said Councillor Sanderson. “The Region’s primary challenges in creating more housing are stable funding and increasing construction costs.”
The new 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:
Pema Lhalungpa
Office of Minister Solberg
Tel.: 819-994-2428
Sally Ritchie
Canada Mortgage and Housing Corporation
Tel.: 416-218-2760
Adam Grachnik
Office of Minister Watson
Tel.: 416-585-6492
Keith Ward
Commissioner
Human Services Department
Tel.: 905-791-7800 Ext. 4670
For more information visit:
http://www.mah.gov.on.ca
http://www.region.peel.on.ca/
Left to Right: Councillor John Sanderson, Region of Peel; the Honourable Monte Solberg; Mr. Bill Blyth and Mr. Duncan McEachran, Canadian Legion; Linda Jeffrey, Member of Provincial Parliament for Brampton – Springdale; Brampton Mayor Susan Fennell
Left to Right: Councillor John Sanderson, Region of Peel; the Honourable Monte Solberg; Father Morocos and Nahib Youssef, Coptic Church; Linda Jeffrey, Member of Provincial Parliament for Brampton – Springdale; Brampton Mayor Susan Fennell
Article source: http://www.cmhc.ca/en/corp/nero/nere/2008/2008-02-21-1400.cfm
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