MASSEY, ON, July 11, 2017 /CNW/ - The Government of Canada today announced the official reopening of the Elders Eagle Lodge Expansion Project, which adds eight brand new one-bedroom apartments to the existing fourteen-unit complex. The homes reflect the changing needs of members from Sagamok Anishnawbek, which include the Ojibwe, Odawa and Pottawatomi communities. Led by the administration of Sagamok Anishnawbek, the expansion project was made possible by an investment from CMHC's On-Reserve Non-Profit Housing Program (Section 95).
The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC) made the announcement today.
- The On-Reserve Non-Profit Housing Program (Section 95) helps First Nations build, buy and repair, as well as administer affordable rental housing on reserve. Sagamok Anishnawbek's total value of projects currently under this program is $14.07 million.
- The total estimated project cost is $1,430,000. The federal government, through CMHC provided $1,142,400, with Sagamok Anishnawbek contributing $287,600 in equity. Through Section 95, Elders Eagle Lodge will receive a yearly operating subsidy of approximately $68,000.
- The federal government is providing $554.3 million over 2016-18 to address urgent housing needs on reserve, including skills and capacity development support.
- Of this amount, $137.7 million will help renovate or retrofit homes through CMHC's suite of on-reserve renovation programs.
- An additional $416.6 million is being provided to INAC to address immediate housing needs on-reserve.
- Each year, CMHC funding helps build approximately 700 homes, and renovate about 1,000 housing units on reserve. CMHC also provides ongoing subsidy to First Nation communities for about 26,900 on-reserve social housing units.
- In 2017, CMHC and INAC will work with First Nations, Inuit and Métis partners to co-develop distinct housing strategies that will improve outcomes and move towards greater Indigenous autonomy and responsibility for their housing.
"Through the On-Reserve Non-Profit Housing Program, our Government is providing assistance to those who need it most, like the elders here at Sagamok Anishnawbek and in all corners of the country. We share Sagamok Anishnawbek's vision in creating high quality affordable housing, which helps promote pride, home ownership responsibility, individual well-being and makes communities stronger and more vibrant." — Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation
- CMHC has been helping Canadians meet their housing needs for more than 70 years. As Canada's authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to Canadian governments, consumers and the housing industry. Prudent risk management, strong corporate governance and transparency are cornerstones of CMHC's operations. For more information, please call 1-800-668-2642 or visit www.cmhc.ca.
SOURCE Canada Mortgage and Housing Corporation
For further information: Media contacts: Émilie Gauduchon, Press Secretary, Office of Minister Duclos, 819-654-5546, [email protected]; Gabriel Teo, Public Affairs Advisor, CMHC, 604-737-4137, [email protected]