New Affordable Housing Project Opens In Peterborough



    PETERBOROUGH, April 20 /CNW/ - Canada's New Government, the government of
Ontario and the City of Peterborough held a ribbon-cutting ceremony today to
mark the official opening of Maryland Place, a conversion project that
provides 23 affordable rental units for singles and seniors under the
Canada-Ontario Affordable Housing Program.
    Peterborough Member of Parliament Dean Del Mastro, on behalf of the
Honourable Monte Solberg, Minister of Human Resources and Social Development;
Jeff Leal, MPP for Peterborough, on behalf of the Honourable John Gerretsen,
Ontario's Minister of Municipal Affairs and Housing; and Peterborough Mayor
Paul Ayotte attended today's ceremony.
    "This project will help many lower-income individuals and seniors in
Peterborough access quality, affordable housing," said MP Del Mastro.
"Canada's New Government is very proud to have made a significant contribution
to this project, which will provide safe and supportive housing for those who
need it in this community."
    "Affordable housing is a priority for the McGuinty government," said MPP
Leal. "We are proud to work with our federal and municipal partners to support
initiatives such as Maryland Place, which will provide long-term affordable
housing for singles and seniors with lower incomes in Peterborough. Today's
project is another great example of collaboration between all levels of
government."
    The $1.04 million project, including $462,714 from the Canada-Ontario
Affordable Housing Program, will provide 23 apartments at 716 Maryland Avenue
in the City of Peterborough. The project is sponsored by the Maryland Place
Inc., and the units will be occupied by lower-income individuals and seniors.
    Federal and provincial funding was complemented by more than $278,000 in
municipal financial incentives.
    "This is more good news for our community," said Mayor Paul Ayotte. "We
appreciate the support of the senior levels of government to make affordable
housing projects such as Maryland Place a reality. The City looks forward to
working with our private sector partners to address the pressing need for
housing for lower-income people."
    "By partnering with governments we were able to convert the former
Convent of the Sisters of the Precious Blood into 23 affordable apartments,"
said David Rosefield of Maryland Place Inc. "It's exciting to see tenants
moving in and we look forward to the long-term operation of this affordable
housing project in our community."
    In Peterborough, the Government of Canada, through the Canada Mortgage
and Housing Corporation (CMHC), has contributed $8.4 million through the
Canada-Ontario Affordable Housing Program.
    The new 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
20,000 households in Ontario.

    
    Disponible en français

    For more information, please visit:  http://www.cmhc.ca
                                         http://www.mah.gov.on.ca
    





For further information:

For further information: Beth Bailey, Canada Mortgage and Housing
Corporation, (416) 218-3355; Patti Munce, Office of Minister Gerretsen, (416)
585-6333; Lesley Thomson,  City of Peterborough, (705) 742-7777 Ext.1492;
Susan Bacque - Affordable Housing Inquiries, Ministry of Municipal Affairs and
Housing, (416) 585-7021

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Ontario Ministry of Municipal Affairs and Housing

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