KINGSTON, ON, April 29, 2022 /CNW/ - Every Canadian deserves a safe and affordable place to call home. The COVID-19 pandemic has made it clear that affordable housing is key to Canada's recovery, including in Kingston.
Today, Mark Gerretsen, Member of Parliament for Kingston and the Islands on the behalf of the Honourable Ahmed Hussen, Minister of Housing, and Diversity and Inclusion, alongside Bryan Paterson, Mayor of the City of Kingston, Parliamentary Assistant Jim McDonell on behalf of Minister of Municipal Affairs and Housing Steve Clark, and Mary Lynn Cousins-Brame, CEO and Denise Cumming, Board Chair of Kingston & Frontenac Housing Corporation (KFHC) announced over $4.76 million in federal funding to create 40 new affordable homes in Kingston.
This investment by the Government of Canada was made possible by the National Housing Strategy's (NHS) National Housing Co-investment Fund (NHCF) as well as an additional $35,000 of SEED funding. This project is also receiving $1.3 million in Ontario Priorities Housing Initiative (OPHI).
Located at 27 Wright Crescent in Kingston, this project will create homes for mixed-income individuals and families. The building will offer common and amenity space for use of the residents such as interior meeting space, outdoor green space as well as a playground structure on the front lawn.
Budget 2022 proposes to advance $2.9 billion in funding, on a cash basis, under the National Housing Co-Investment Fund, so that all remaining funds from this program will be spent by 2025-26, accelerating the creation of up to 4,300 new units and the repair of up to 17,800 units for Canadians who need them most.
"Every Canadian deserves a safe and affordable place to call home. Through the National Housing Co-Investment Fund, our government is investing in affordable housing here in Kingston and across the country to help those who need it most. Through the National Housing Strategy, we will continue to ensure no one is left behind." – The Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion
"This project here in Kingston is yet another example of what can be achieved when we work together. Through this collaboration with the city, we are helping to ensure that all people in Kingston and across our province have safe and affordable housing that enables them to thrive." – Mark Gerretsen, Member of Parliament for Kingston and the Islands
"A lack of supply affects all Ontarians – no matter your background or budget. That's why our government is making historic investments in community and supportive housing, including $1.3 million in this project in Kingston. These new units are more than just safe and affordable places to live, they are key to a better life for the residents who call them home." – Steve Clark, Minister of Municipal Affairs and Housing
"We are very pleased to see the Kingston & Frontenac Housing Corporation continuing to expand the supply of mixed-income housing projects in our community. Never has it been more important to get housing built in our city and so I look forward to continuing to work with KFHC and other housing providers to see more of these projects come to fruition." – Bryan Paterson, Mayor of the city of Kingston
"The Kingston & Frontenac Housing Corporation has been excited to see residents move into our newest affordable housing project. Projects like this would not be possible without financial support from all levels of government." – Mary Lynn Cousins-Brame, CEO of Kingston & Frontenac Housing Corporation (KFHC)
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SOURCE Government of Canada
Information on this news release: Daniele Medlej, Office of the Minister of Housing and Diversity and Inclusion, [email protected]; Media Relations, Canada Mortgage and Housing Corporation, [email protected]; Zoe Knowles, Office of the Minister of Municipal Affairs and Housing, [email protected]; Conrad Spezowka, Communications Branch, Ministry of Municipal Affairs and Housing, [email protected]
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