Down payment assistance provided to 13 households in the united counties of Leeds and Grenville

    LEEDS AND GRENVILLE, ON, Jan. 20 /CNW/ - The Government of Canada and the
Government of Ontario today announced more than $85,000 in funding to 13
households in Leeds and Grenville under the Homeownership component of the
Canada-Ontario Affordable Housing Program. This funding will help renter
households enter the housing market through interest-free down-payment
assistance loans.
    The announcement was made by Gord Brown, Member of Parliament for Leeds -
Grenville, 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 the Honourable Jim Watson,
Ontario's Minister of Municipal Affairs and Housing.
    "The Government of Canada is committed to making affordable housing
available in Ontario and across Canada for those who need it most," said MP
Brown. "This investment will help people in Leeds and Grenville access
quality, affordable housing and start a new page in their lives."
    "I'm proud to announce that 13 households in Leeds and Grenville are now
homeowners," said Minister Watson. "This funding allows people to get a
foothold in the housing market, and alleviate some of the demand for
affordable rental housing."
    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 up to 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:

For further information:

For further information: Media Inquiries: Julie Vaux, Office of the
Honourable Diane Finley, (819) 994-2482; Nicole Burgers, Canada Mortgage and
Housing Corporation, (416) 250-2760; Adam Grachnik, Office of Minister Watson,
(416) 585-6492

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Ontario Ministry of Municipal Affairs and Housing

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