Prescott and Russell celebrates affordable housing



    PRESCOTT AND RUSSELL, ON, Feb. 13 /CNW/ - The Government of Canada, the
Government of Ontario and the United Counties of Prescott and Russell today
celebrated more than $2.3 million in funding for affordable housing. The event
marks the grand opening of 25 new affordable housing units in The Nation, as
well as new funding which will help create eight new affordable rental units
in Rockland and provide down payment assistance to 27 households in the United
Counties.
    The announcement was made by Pierre Lemieux, Member of Parliament for
Glengarry-Prescott-Russell on behalf of the Honourable Diane Finley, Minister
of Human Resources and Skills Development Canada, and Minister responsible for
the Canada Mortgage and Housing Corporation; Jean-Marc Lalonde, Member of
Provincial Parliament for Glengarry-Prescott-Russell, on behalf of the
Honourable Jim Watson, Ontario's Minister of Municipal Affairs and Housing;
and Prescott and Russell Warden Robert Kirby.
    "The Government of Canada is committed to making affordable housing
available in Ontario and across Canada for those who need it most," said MP
Lemieux. "With the opening of this project, low-income seniors and individuals
with special needs in Limoges will now have access to quality, affordable
rental housing that meets their specific needs, while remaining close to their
families and friends".
    "Through this allocation to Prescott and Russell, the McGuinty government
is renewing its commitment to work with our housing partners to grow the
supply of affordable housing," said MPP Lalonde.

    
    Today's announcement recognizes two projects in the United Counties of
Prescott and Russell:

    -   The official opening of Residence Notre-Dame de la Paix at 44 Rue Des
        Benevoles in The Nation. The $2.1 million project, sponsored by RMJ
        Properties, earlier received $1.75 million under the Canada-Ontario
        Affordable Housing Program. The 25 units are occupied by low income
        seniors and individuals with special needs.

    -   New funding of $420,000 for an eight-unit project in Clarence-
        Rockland. The project is sponsored by Rockland Housing Corporation,
        and the units will be occupied by seniors and individuals with
        special needs.
    

    The announcement also includes $187,535 in down-payment assistance for 27
households in Prescott and Russell.
    The federal and provincial allocations are complemented by more than
$900,000 in municipal financial incentives.
    "Thanks to the efforts and contributions between all levels of
government, partnerships with the private and non-profit sector, I am proud to
announce that the United Counties will be able to help 102 households benefit
from the Canada - Ontario Affordable Housing Program," said Warden Kirby. "In
all, 33 households will move into newly constructed affordable units; 27
tenants will have realised the dream of owning their home and 40 other
households in need can rely on a rent supplement, making their rents more
affordable."
    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 20,000
households in Ontario. Under the AHP, 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.ca/housing
    





For further information:

For further information: Media Inquiries: Michelle Bakos, Office of
Minister Finley, (819) 994-2482; Nicole Burgers, Canada Mortgage and Housing
Corporation, (416) 250-2760; Adam Grachnik, Office of Minister Watson, (416)
585-6492; Anne Comtois Lalonde, The United Counties of Prescott & Russell,
(613) 675-4642 ext. 6100

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Ontario Ministry of Municipal Affairs and Housing

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