Social Housing in Peel Region Being Renovated



    MISSISSAUGA, ON, Aug. 10 /CNW/ - The Government of Canada and the
Province of Ontario today announced that the Tannery Gate Tower Cooperative in
Mississauga will receive support for repairs and renovations over the next two
years.
    The work will include lighting upgrades, boiler replacement, roof
replacement, elevator replacement, garage ramp heating and other capital
repairs.
    The Tannery Gate Tower Cooperative will receive $227,540 - part of a
notional allocation of more than $30.1 million to Peel Region to repair and
retrofit existing local social housing units.
    The funding was made available as a result of a $1.2 billion joint
investment under the amended Canada - Ontario Affordable Housing Program
Agreement, which includes funding through Canada's Economic Action Plan and by
the Government of Ontario. The federal and provincial governments are
contributing equally to this overall investment.
    Bob Dechert, Member of Parliament for Mississauga-Erindale, on behalf of
the Honourable Diane Finley, Minister of Human Resources and Skills
Development Canada and Minister Responsible for Canada Mortgage and Housing
Corporation (CMHC), and Bob Delaney, MPP for Mississauga-Streetsville, on
behalf of the Honourable Jim Watson, Ontario Minister of Municipal Affairs and
Housing, made the announcement today.
    "Renovation and retrofit projects, like this one, will improve the
quality of life for residents by keeping their homes safe and affordable,"
said MP Dechert. "It is also a good way to get the local economy moving
because it puts construction workers and trades people to work quickly and
most of the materials and supplies are made in Canada."
    "These repairs are another step towards improving social housing in Peel
Region," said MPP Delaney. "This new funding will help ensure that people
living in social housing have a safe and reliable place to live. Ontarians
deserve nothing less."
    Ontario is moving quickly to invest a total of $704 million to repair
eligible social housing across the province. In an effort to get shovels in
the ground quickly, projects must be committed by the end of the fiscal years
2010 and 2011.
    The funding will help improve the quality of life for residents living in
social housing communities. Funding will be used to renovate and make
energy-saving upgrades to existing social housing as well as to undertake
accessibility modifications for the benefit of 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.
    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.
    Last month, the Government of Canada and the Province of Ontario,
announced a series of investments of more than $70 million to fund 36
construction-ready projects throughout the province under the amended
Canada-Ontario Affordable Housing Program Agreement.
    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:    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; Jill Noble, Canada Mortgage and Housing
Corporation, (416) 250-2761; Adam Grachnik, Office of Minister Watson, (416)
585-6492


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