Governments of Canada and Ontario Celebrate New Affordable Housing in Chatham
Posted by: Toronto Real Estate Admin / Category: News Bulletin
CHATHAM, ONTARIO, November 30, 2012 — The official opening of 24 new affordable rental housing units for seniors living on low income and people with disabilities was held today in Chatham. The project received $2.88 million in funding from the federal and provincial governments.
Dave Van Kesteren, Member of Parliament for Chatham – Kent – Essex, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), and Teresa Piruzza, Member of Provincial Parliament for Windsor West, on behalf of Bob Chiarelli, Ontario’s Minister of Municipal Affairs and Housing, along with Randy Hope, Mayor of Chatham – Kent, made the announcement.
“Through Canada’s Economic Action Plan, our Government is providing a hand-up to those who need it most here in Chatham and in all corners of the country,” said MP Van Kesteren. “We are committed to making communities stronger through projects like this one. These investments help create new jobs and stimulate the local economy, while providing more access to safe, affordable homes for Canadian seniors and persons with disabilities.”
“The McGuinty government is pleased to support Riverview Terrace which will improve the quality of life for these new residents in Chatham,” said MPP Teresa Piruzza. “This project furthers our government’s goal of ensuring all Ontarians have access to safe and affordable housing.”
“Today’s event shows what we can achieve when we work together. Chatham – Kent continues to be committed to provide safe and affordable housing. A project like Riverview Terrace also helps to cultivate Chatham – Kent as a physically, socially, and economically healthy place to live, work, and grow,” said Chatham – Kent Mayor Randy Hope.
Riverview Terrace, a 27-unit project located at 5 Tecumseh Road in Chatham, received $2.88 million towards the construction of 24 affordable rental housing units from the federal and provincial governments. The federal and provincial contribution is complemented by a $1.9 million investment from the Municipality of Chatham-Kent that provided the land and subsidies toward 24 affordable rental housing units and three market rent units.
“Not that long ago we met at this site to celebrate the groundbreaking for a new affordable housing project. Yet today is an even bigger celebration – a day to celebrate the official grand opening of Riverview Terrace with 24 new affordable units for seniors and people with disabilities in Chatham – Kent and three market rent units as well,” said Shelley Wilkins, Director, Housing Services.
The Government of Canada, through CMHC, will invest approximately $2 billion in housing this year. Of this amount, $1.7 billion will be spent in support of almost 605,000 households living in existing social housing. In Ontario, this represents almost 238,000 households. These investments are improving the quality of life for low-income Canadians and households living in existing social housing, including individuals who are homeless or at-risk of homelessness, seniors, persons with disabilities, recent immigrants and Aboriginal people.
Ontario continues to build new affordable housing and repair existing units for Ontarians with housing needs. Since 2009, the provincial government has provided more than$184 million to build new rental housing units for low-income seniors and persons with disabilities. Since 2003, Ontario’s funding commitment of nearly $3 billion is the largest affordable housing program in the province’s history. Ontario is supporting the creation of over 17,000 affordable rental housing units; making more than 263,000 repairs and improvements to social and affordable housing units; and providing rental down payment assistance to over 81,000 households in need. The province’s Long-Term Affordable Housing Strategy sets a strong foundation for a more efficient, accessible affordable housing system in Ontario.
Affordable housing is a key component of Ontario’s Poverty Reduction Strategy. Download a copy of the Government of Ontario’s Long-Term Affordable Housing Strategy. To find out more about affordable housing in Ontario, visit www.ontario.ca/housing.
To find out more about how the Government of Canada and Canada Mortgage and Housing Corporation are working to build stronger homes and communities for all Canadians, call CMHC at 1-800-668-2642.
Media inquiries:
Dean D’Souza
CMHC
416-250-2760
Marian Ngo
Office of Minister Finley
819-994-2482
Kelly Baker
Office of Minister Chiarelli
416-585-6842
Brian Worrall
Municipality of Chatham – Kent
519-360-1998, ext.: 3624
For more information visit: www.ontario.ca/housing
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Article source: http://www.cmhc.ca/en/corp/nero/nere/2012/2012-11-30-1000.cfm
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