E.B.Dungey Realty Ltd. Brokerage

VAUGHAN, ON, March 13, 2018 — More families, individuals and seniors living in Vaughan will soon have a place to call home at Woodbridge Lane. The federal and provincial governments are investing over $11 million to create 75 affordable housing units through the Canada – Ontario Investment in Affordable Housing (IAH) agreement.

Member of Parliament for Vaughan – Woodbridge, Francesco Sorbara, on behalf of the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), along with Member of Provincial Parliament for Vaughan, Steven Del Duca, on behalf of the Honourable Peter Milczyn, Ontario’s Minister of Housing and Minister Responsible for the Poverty Reduction Strategy, made the announcement today. Jack Heath, Deputy Mayor of the City of Markham and Chair of Housing York Inc. also participated in the event on behalf of Wayne Emmerson, Chairman and CEO of York Region. Sunder Singh, Local and Regional Councillor for York Region and the City of Vaughan, participated in the event on behalf of the Honourable Maurizio Bevilacqua, Mayor, City of Vaughan.

Woodbridge Lane will feature 162 units for families, individuals and seniors, including 75 units funded by the IAH program. Highlights include indoor and outdoor play spaces for children, a rooftop garden and accessible units for people with disabilities.

Quick facts:

• The governments of Canada and Ontario jointly contributed over $11 million to Woodbridge Lane through the IAH agreement.
• York Region contributed more than $35 million to the development.
• Woodbridge Lane is designed to achieve superior energy performance and meet LEED-like standards; features include automated building mechanical systems, bike storage and parking, three — stream waste management system, and the use of permeable paving.
• Canada’s first ever National Housing Strategy is a 10-year, $40-billion plan that will give more Canadians a place to call home. Under the National Housing Strategy, the federal government will recognize and progressively implement every Canadian’s right to access housing that meets their needs and that they can afford.

Quotes:

“Our Government is investing in affordable housing here in Vaughan and across Canada to help create jobs and improve the quality of life for those who need it most. Thanks to the combined efforts of our partners, we are able to give a helping hand to individuals in need, and in doing so, we are contributing to the economic and social well-being of the entire community.”
—
Francesco Sorbara, Member of Parliament for Vaughan-Woodbridge

“We are investing in affordable housing in Vaughan to help create opportunities and improve the quality of life for the community. This new development will give 75 individuals, families and seniors a new place to call home.”
—
Steven Del Duca, Member of Provincial Parliament for Vaughan

“York Region is home to 1.2 million people and ensuring there are a variety of housing options available to meet this diverse and growing need of all residents is a priority for York Regional Council. We appreciate the ongoing support of our provincial and federal partners in advancing this fundamental need.”
—
Wayne Emmerson, Chairman and CEO, The Regional Municipality of York

“We welcome today’s announcement by the Ministry of Housing and the Government of Canada, as it represents a step in the right direction in providing housing options to the citizens of Vaughan. This project is an effective response to the efforts of our city and residents who have been requesting action on this important issue. Affordable housing is an integral component of city-building for it is inclusive and embraces values which address the needs of a diverse and ever-changing community.”
—
Maurizio Bevilacqua, Mayor, City of Vaughan

Associated links:

• 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 all levels of Canadian government, consumers and the housing industry. For more information, follow us on Twitter, YouTube, LinkedIn and Facebook.
• 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 or follow us 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
437-333-3299
wmclean@cmhc-schl.gc.ca

Matt Ostergard
Senior Communications Advisor
Office of Minister Milczyn
416-585-7647
matt.ostergard@ontario.ca

Conrad Spezowka
Communications
Ministry of Housing
416-585-7066
MHO.media@ontario.ca

Article source: http://www.cmhc-schl.gc.ca/en/corp/nero/nere/2018/2018-03-13-1200.cfm

Tags: Toronto House, Toronto Housing, Toronto Realtor

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