New affordable housing projects approved for Summerside and Charlottetown



    SUMMERSIDE, PEI, Oct. 11 /CNW/ - Individuals with disabilities will have
access to more affordable barrier-free housing with the construction and
opening of new projects in Summerside and Charlottetown.
    A development by Scotcor Construction Ltd, located on North Duke Street
in Summerside, will provide five two-bedroom and six one-bedroom units.
Scotcor Construction Ltd. will receive $431,500 under the Canada-P.E.I.
Affordable Housing Agreement. The balance of funding will be provided by the
developer and a mortgage loan.
    The Honourable Peter MacKay, Minister of National Defence, Minister of
ACOA, and Minister responsible for Prince Edward Island, on behalf of the
Honourable Monte Solberg, Minister of Human Resources and Social Development,
and the Honourable Doug Currie, Prince Edward Island Minister of Social
Services and Seniors made the announcement today.
    "Canada's New Government is committed to making quality, affordable
housing available in Prince Edward Island and across Canada for those who need
it most," said Minister MacKay. "The creation of these new units will provide
people with disabilities safe, quality housing at an affordable cost which
will help them to build a better and stronger future."
    Minister MacKay along with Minister Currie also announced the opening of
two other affordable housing projects: Life Bridge Inc. and the Queens County
Residential Services home, located in Charlottetown. The Life Bridge project
received $330,000 under the Canada-PEI Affordable Housing Agreement and
$346,950 in participant benefits and overhead costs through the Canada-Prince
Edward Island Labour Market Development Agreement and $135,000 in federal
homelessness funding. The Queens County home received $160,000 under the
Affordable Housing Agreement, as well as $220,906 in federal homelessness
funding.
    Minister Currie thanked all parties involved for their role in the work
leading up to today's announcement including Scotcor Construction, the City of
Summerside and the PEI Council of the Disabled. "Through my department, the
Government of Prince Edward Island is committed to working and consulting with
the community to provide and improve supports to persons with disabilities."
    The Canada-Prince Edward Island Affordable Housing Agreement involves an
investment of $8.32 million in the creation of affordable housing units in
Prince Edward Island. To date, 123 units have been supported by the Agreement
in rural and urban communities across PEI.
    The Department of Social Services and Seniors delivers services that
touch the lives of nearly every Islander. Staff work with other levels of
government and community-based organizations to assist persons with
disabilities, children, youth and families, seniors and those in need of
financial assistance and affordable housing.

    A backgrounder on the Canada-P.E.I. Affordable Housing Program Agreement
is attached.

    
         Canada-P.E.I. Affordable Housing Program Agreement Summary
    

    Objectives

    To increase and sustain the supply of new affordable housing in Prince
Edward Island. Housing supported by the Canada-P.E.I. Affordable Housing
Agreement must be affordable for 10 years.

    Program

    Funding under this agreement will be used to create new, additional,
affordable housing units for low to moderate income Islanders through rental,
conversion and home ownership initiatives.

    Administration

    The program is administered by the Prince Edward Island Department of
Social Services and Seniors. Prince Edward Island is responsible for the
selection of affordable housing projects. Provincial priorities are housing
for families, persons with disabilities and persons with special needs. The
provincial government has partnered with Habitat for Humanity to deliver the
home ownership component.

    Financial Provisions

    Maximum CMHC funding under the agreement is $4.16 million to be matched
by the Province of Prince Edward Island, municipalities and others partners.

    Accountability

    Prince Edward Island will provide annual audit and performance reports on
the use of CMHC funding. CMHC lead a national evaluation of the program in
2006 and the province was invited to participate.




For further information:

For further information: Verna Lynne Weeks, PEI Department of Social
Services & Seniors, (902) 620-3409 - desk; Giselle Thibault, Canada Mortgage
and Housing Corporation, (902) 426-8320; Stephen Ramsay, Service Canada, (902)
566-7686


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