County of Dufferin gets boost for affordable housing



    COUNTY OF DUFFERIN, ON, Jan. 20 /CNW/ - The Government of Canada, the
Government of Ontario, and the County of Dufferin today announced more than
$239,000 in funding for affordable housing. The funding will help create one
new affordable rental unit and help 18 renter households enter the housing
market through interest-free down-payment assistance loans.
    The announcement was made by David Tilson, Member of Parliament for
Dufferin-Caledon, on behalf of the Honourable Diane Finley, Minister of Human
Resources and Skills Development Canada and Minister Responsible for Canada
Mortgage and Housing Corporation (CMHC) and Jim Watson, Ontario's Minister of
Municipal Affairs and Housing, and Dufferin County Warden Gordon Montgomery.
    "The Government of Canada is committed to making affordable housing
available in Ontario and across Canada for those who need it most," said MP
Tilson. "Through this investment we are making an important difference in the
lives of low-income seniors in the County of Dufferin who are working towards
building a stronger and better future for themselves."
    "Through this allocation to the County of Dufferin, the McGuinty
government is renewing its commitment to work with our housing partners to
grow the supply of affordable housing," said Minister Watson. "This funding
creates new rental housing and allows people to get a foothold in the housing
market, alleviating some of the demand for affordable rental housing."

    
    The $239,000 allocation includes:

    -   $70,000 for a one-unit in the Lawrence Avenue project in Orangeville.
        The project is sponsored by the County of Dufferin and the unit will
        be occupied by low-income seniors.

    -   $169,190 in down-payment assistance for 18 households in the County
        of Dufferin.
    

    "I'm very pleased for the residents of Dufferin that they can obtain
assistance in purchasing their first home and the County is thrilled to be
constructing a new 30-unit building that will be for low-income seniors," said
Warden Gordon Montgomery.
    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. Under the program, every region in Ontario has been
allocated a specific amount of funding to assist low to moderate-income rental
households to purchase affordable homes through interest-free down-payment
assistance loans.

    
    Disponible en français
    For more information visit:    http://www.cmhc.ca
                                   www.ontario/housing.ca
    





For further information:

For further information: Media Inquiries: Julie Vaux, Office of the
Honourable Diane Finley, (819) 994-2482; Adam Grachnik, Office of Minister
Watson, (416) 585-6492; Nicole Burgers, Canada Mortgage and Housing
Corporation, (416) 250-2760; County of Dufferin - Daniel Best, Director of
Community Services, (519) 941-6991 (2020)

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Ontario Ministry of Municipal Affairs and Housing

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