Chapelview celebrates a milestone



    BRAMPTON, ON, May 29 /CNW/ - The Government of Canada, the Government of
Ontario and the Region of Peel celebrated the structural completion of
Chapelview, a new 16-storey housing development in downtown Brampton that will
create 200 units of affordable housing for singles and seniors in Peel. The
project received $5.8 million from the Canada-Ontario Affordable Housing
Program.
    The Honourable Diane Finley, Minister of Human Resources and Skills
Development Canada and Minister responsible for Canada Mortgage and Housing
Corporation; Linda Jeffrey, MPP for Brampton-Springdale, on behalf of the
Honourable Jim Watson, Minister of Municipal Affairs and Housing; Peel
Regional Chair Emil Kolb; Regional Councillor John Sanderson, and developer
John D'Angelo of Martinway Contracting made the announcement today.
    "The Government of Canada is committed to making affordable housing
available in Ontario and across Canada for those who need it most," said
Minister Finley. "The creation of these units here in Brampton will provide
families and singles access to safe and affordable housing, helping them to
build a stronger future."
    "The McGuinty government is committed to working with our partners to
build more affordable housing for people in need," said MPP Jeffrey. "The
Region of Peel has been an enthusiastic and committed partner in the
Canada-Ontario Affordable Housing Program, and we look forward to seeing the
completion of this project, which will greatly benefit our entire community."
    "With the collective contribution of all levels of government, the
developer and various corporate sponsors, we have been able to achieve a
greater standard in affordable housing," said Regional Chair Emil Kolb.
"Chapelview is a significant project for the Region of Peel which we're quite
proud of as a building that is modern, accessible and environmentally
sustainable."
    The Region and the City of Brampton also engaged in an $8.5 million joint
partnership to add a municipal underground parking garage to the site. Parking
will be available for Chapelview's residents as well as for the public.
    Once completed, this apartment building will provide safe, affordable
housing for singles and seniors and is expected to be completed in late 2009.
For more information, visit www.peelbuilds.ca
    The $30.3 million project, including $5.8 million from the Canada-Ontario
Affordable Housing Program, will be complemented by more than $3.8 million in
municipal financial incentives.

    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 up to 20,000
households in Ontario.

    Disponible en français

    For more information visit www.mah.gov.on.ca
    www.cmhc.ca
    www.peelregion.ca





For further information:

For further information: Nicole Burgers, Canada Mortgage and Housing
Corporation, (416) 250-2760; Adam Grachnik, Minister Jim Watson's Office,
(416) 585-6492; Joan Endersby, Senior Public Affairs Associate, Region of
Peel, (905) 791-7800, ext. 4655

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Ontario Ministry of Municipal Affairs and Housing

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