VAUGHAN, ON, June 29 /CNW/ - A new affordable housing apartment complex
providing 60 apartments for low-income seniors officially opened today.
Representatives of Canada's New Government, the Government of Ontario, the
Regional Municipality of York and the City of Vaughan came together to
celebrate the official opening of Blue Willow Terrace at 133 Fieldstone Drive
The Honourable Greg Sorbara, Minister of Finance and MPP for
Vaughan-King-Aurora, on behalf of the Honourable John Gerretsen, Minister of
Municipal Affairs and Housing; York Region Chairman and CEO Bill Fisch; City
of Vaughan Mayor Linda Jackson; and representatives of the federal government
attended the ceremony.
"Canada's New Government is proud to support Canadian seniors who have
spent a lifetime building this great country," said the Honourable Jim
Flaherty, Minister of Finance and Regional Minister for the GTA, on behalf of
the Honourable Monte Solberg, Minister of Human Resources and Social
Development. "Affordable housing projects like Blue Willow Terrace will ensure
Canada's seniors are able to retire with the comfort, dignity and independence
"The McGuinty government clearly recognizes the importance of providing
new affordable housing in Ontario," said Minister Sorbara. "We are proud to
work with all levels of government to help seniors in Vaughan who need our
The $11.4 million project, which includes more than $1.7 million from the
Canada-Ontario Affordable Housing Program, was sponsored by York Region. York
Region invested an equity contribution of almost $6 million, and provided a
financing arrangement of $3.7 million that will be re-paid through tenant
rental income. The City of Vaughan also provided a long-term land lease to
York Region at no cost. Forty-two units are being supported by Ontario's
Strong Communities Rent Supplement Program, with a contribution of over
$200,000 per year.
"Blue Willow Terrace is an important addition of affordable rental
housing for seniors in York Region, and we have to do more," said Chairman
Fisch. "I am pleased that this new building includes so many different
features that benefit seniors, as well as important energy conservation
"As the fastest-growing segment of Canadian society, seniors make a major
contribution to our community," said Mayor Jackson. "Blue Willow Terrace, and
other affordable housing projects, help to improve the quality of life of our
seniors and allow them to continue to be active in our community, to the
benefit of all."
The Canada-Ontario Affordable Housing Program Agreement 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
some 20,000 households in Ontario.
Disponible en français
For more information visit: http://www.cmhc.ca
For further information:
For further information: Tracy Wells, Canada Housing Mortgage
Corporation, (416) 250-3247; Tim Paleczny, Corporate Communications, York
Region, (905) 830-4444 or (416) 297-9696 ext. 1238; Patti Munce, Office of
Minister Gerretsen, (416) 585-6333; Madeline Zito, Director, Corporate
Communications, City of Vaughan, (905) 832-8585 ext. 8027