Governments of Canada and Ontario announce funding for affordable rental housing in Val Rita
Posted by: Toronto Real Estate Admin / Category: News Bulletin
VAL RITA, ON, September 7, 2017 — The governments of Canada and Ontario are proud to partner to fund affordable rental housing for Indigenous residents in the northeastern Ontario Township of Val Rita-Harty. The development on De L’Église Avenue in Val Rita, spearheaded by Ontario Aboriginal Housing Services (OAHS), will provide 10 new units of affordable rental housing.
The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), and the Honourable Peter Milczyn, Minister of Housing and Minister Responsible for the Poverty Reduction Strategy, made the announcement.
The new rental housing was celebrated at an event today at the Val Rita Recreational Park on Deschenaux Street as part of a tree planting celebration recognizing Indigenous peoples in Val Rita-Harty.
The development received $1.7 million in combined federal and provincial funding through the Investment in Affordable Housing agreement.
Quick facts:
- The development features two-bedroom units available for rent to people who self-identify as First Nation, Métis, or Inuit.
- OAHS is a corporation with a mandate to provide safe and affordable housing to urban and rural First Nation, Inuit and Métis people living off-reserve in Ontario.
- OAHS provides rent-geared-to-income homes throughout Ontario.
Quotes:
“This investment will continue to help Canadians access safe and affordable housing that meets their needs, while also creating jobs for the local economy. Our government remains committed to working with our partners to develop and implement solutions to housing both in Ontario and across Canada.”
— Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC)
“We are proud to be working with our federal and Indigenous partners to address the unique needs of First Nation, Inuit and Metis seeking off-reserve housing. We believe everyone in the province deserves a safe and affordable place to call home, and this investment is key to fulfilling that vision.”
— Peter Milczyn, Minister of Housing and Minister Responsible for the Poverty Reduction Strategy
Associated links:
- Canada Mortgage and Housing Corporation (CMHC) has been helping Canadians meet their housing needs for more than 70 years. As Canada’s authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to Canadian governments, consumers and the housing industry. Prudent risk management, strong corporate governance and transparency are cornerstones of CMHC’s operations. For more information, please call 1-800-668-2642.
- Investing in affordable housing programs is part of Ontario’s plan to create jobs, grow the economy and help people in their everyday lives. Since 2003, the province has committed more than $5 billion in funding for affordable housing, which has helped support more than 22,000 new affordable rental housing units, more than 335,000 repairs and improvements to social and affordable housing units and rental and down payment assistance to more than 93,000 households in need. These investments complement the commitments made through Ontario’s recent Long-Term Affordable Housing Strategy update, and support the province’s goal of ending chronic homelessness by 2025. For more information on affordable housing in Ontario, visit ontario.ca/affordablehousing.
Stay connected:
- Follow CMHC on Twitter, YouTube, LinkedIn and Facebook.
- Follow Ontario’s Ministry of Housing on Twitter.
Media contacts:
Émilie Gauduchon
Press Secretary
Office of Minister Duclos
819-654-5546
emilie.gauduchon@hrsdc-rhdcc.gc.ca
Wilbur McLean
Public Affairs
Canada Mortgage and Housing Corporation
416-218-3331
wmclean@cmhc-schl.gc.ca
Myriam Denis
Press Secretary and Communications Advisor
Office of Minister Milczyn
416-585-6333
myriam.denis@ontario.ca
Conrad Spezowka
Communications
Ministry of Housing
416-585-7066
conrad.spezowka@ontario.ca
Article source: http://www.cmhc-schl.gc.ca/en/corp/nero/nere/2017/2017-09-07-1700.cfm
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