New Affordable Housing Launched in Hamilton



    STONEY CREEK, ON, Aug. 27 /CNW/ - The Government of Canada, the
Government of Ontario, and the City of Hamilton through CityHousing Hamilton
Corporation today celebrated the start of construction of 48 new affordable
rental units in Stoney Creek. The project received more than $3.3 million in
funding through the Canada-Ontario Affordable Housing Program.
    Dean Allison, Member of Parliament for Niagara West-Glanbrook, on behalf
of the Honourable Diane Finley, Minister of Human Resources and Skills
Development Canada and Minister Responsible for Canada Mortgage and Housing
Corporation; Sophia Aggelonitis, MPP for Hamilton Mountain, on behalf of the
Honourable Jim Watson, Minister of Municipal Affairs and Housing; and Mayor of
Hamilton, Fred Eisenberger, 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 MP
Allison. "These new housing units will provide more rental options for
residents in need of suitable, affordable housing, and are important to the
economic and social well-being of the Stoney Creek community."
    "Access to affordable, quality housing is very important to Hamilton-area
families," said MPP Aggelonitis. "I am very proud that the provincial and
federal governments have joined together to help build Bridgewater Court, a
true community initiative that will make a positive impact on the lives of
many families in our area."
    Today's announcement recognized a 48-unit building in Stoney Creek. The
project, currently under construction, will provide affordable housing for
low-income individuals and families, persons with disabilities and recent
immigrants. Completion of the homes is scheduled for April 2010. This $6.5
million project, sponsored by the CityHamilton Housing Corporation, received
more than $3.3 million under the Canada-Ontario Affordable Housing Program.
    The federal and provincial allocations to the project were complemented
by a contribution of $3 million from the City of Hamilton. In addition, the
province donated the land to the City of Hamilton for development purposes.
    "I am very pleased that the people of Hamilton will soon have increased
options for affordable housing at the new Bridgewater affordable housing
project," said Fred Eisenberger, Mayor of Hamilton. "This project is an
excellent example of public partnerships working for the benefit of
individuals and families and we look forward to even more successful
collaborations in future that will help us meet the needs of our residents."
    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.
    Last fall, the Government of Canada committed more than $1.9 billion over
the next five years to improve and build new affordable housing and to help
the homeless. Canada's Economic Action Plan builds on this with an additional
one-time investment of more than $2 billion over two years in new and existing
social housing and lending of up to another $2 billion to municipalities for
housing-related infrastructure. Combined for Ontario, this means a further
$1.2-billion joint investment under the amended Canada-Ontario Affordable
Housing Program Agreement. The federal and provincial governments are
contributing equally to this overall investment.
    Ontario is moving quickly to implement this additional funding, which
increases the number of quick start projects to 39 totaling over $76.5 million
and which will improve access to affordable housing for low-income families,
seniors and persons with disabilities. It will also create jobs and strengthen
local economies. To find out more about affordable housing in Ontario, visit
www.mah.gov.on.ca.
    To find out more about how the Government of Canada and CMHC are working
to build stronger homes and communities for all Canadians, call CMHC at
1-800-668-2642 or visit www.cmhc.ca/housingactionplan. For more information on
Canada's Economic Action Plan, call 1-800-O Canada or visit
www.actionplan.gc.ca.

    
    Disponible en français

    For more information visit: www.cmhc.ca
                                www.ontario.ca/housing
    





For further information:

For further information: Media contacts: Michelle Bakos, Office of
Minister Finley, (819) 994-2482; Leslie Pawlowski, Canada Mortgage and Housing
Corporation, (416) 250-3297; Adam Grachnik, Office of Minister Watson, (416)
585-6492; Corinne Radake, City of Hamilton, (905) 546-2424 x3137


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