Social Housing in the Regional Municipality of York Being Renovated



    YORK REGION, Aug. 10 /CNW/ - The Government of Canada and the Province of
Ontario today announced that the Richmond Hill Co-op will receive support for
repairs and renovations over the next two years.
    The work will include window replacement and siding.
    The Richmond Hill Co-op will receive $900,000 - part of a notional
allocation of more than $14.4 million to the Regional Municipality of York 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.
    Lois Brown, Member of Parliament for Newmarket-Aurora, 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 Reza Moridi, MPP Richmond Hill, on behalf of the Honourable Jim
Watson, Ontario Minister of Municipal Affairs and Housing, and Mayor David
Barrow, Town of Richmond Hill, on behalf of York Region Chairman and CEO Bill
Fisch 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 Brown. "Investments like these help boost the local
economy by putting construction workers and trades people back to work and
increasing the demand for materials."
    "Our government is committed to energy efficiency." said Reza Moridi, MPP
Richmond Hill. "These important upgrades will help save money, protect the
environment and improve the quality of life of the residents of Richmond
Hill."
    "Today's funding announcement represents excellent news for our Region,"
said York Region Chairman and CEO Bill Fisch. "York Region's allocation of
close to $14.4 million over the next two years will be put to important and
significant use. Investing in social housing properties is an investment in
our community."
    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; Jennifer Mitchell-Emmerson, The Regional Municipality of York, (905)
830-4444 ext. 4016


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