Social Housing in the Regional Municipality of Waterloo Being Renovated



    WATERLOO REGION, ON, Aug. 14 /CNW/ - The Government of Canada and the
Province of Ontario today announced that the Nith Terrace Senior Citizens
Apartments in New Hamburg will receive support for repairs and renovations
over the next two years.
    The work will include elevator installation to improve health, safety and
accessibility for residents.
    The Nith Terrace Senior Citizens Apartments will receive $140,000 - part
of a notional allocation of more than $18.5 million to the Regional
Municipality of Waterloo 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.
    Harold Albrecht, Member of Parliament for Kitchener-Conestoga, 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 Leeanna Pendergast, MPP for Kitchener-Conestoga, on
behalf of the Honourable Jim Watson, Ontario Minister of Municipal Affairs and
Housing, and Waterloo Regional Chair Ken Seiling made the announcement today.
    "Renovation and retrofit projects, like this one, will improve the
quality of life for residents by improving the security and affordability of
their homes." said MP Albrecht. "Investments like these help boost the local
economy by putting construction workers and trades people back to work and
increasing the demand for materials."
    "These repairs are another step towards improving social housing in
Waterloo Region," said MPP Pendergast. "This new funding will help ensure that
people living in social housing have a safe and reliable place to live.
Ontarians deserve nothing less."
    "The Social Housing Renovation and Retrofit Program funding will help our
community housing providers to undertake some much needed capital
repairs,"said Ken Seiling, Regional Chair. "At Nith Terrace, the installation
of a new lift will enhance the quality of life of residents and will greatly
improve accessibility for those who live on the second floor."
    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 $75 million to fund 38
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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