BRAMPTON, ON, May 22, 2019 /CNW/ - Every Canadian deserves a safe and affordable place to call home. That is why, in May 2018, the Government launched the National Housing Co-Investment Fund (NHCF), the largest program of its kind in Canadian history.
Today in Brampton, Adam Vaughan, Parliamentary Secretary to the Minister of Families, Children and Social Development (Housing and Urban Affairs), on behalf of the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and the Minister responsible for Canada Mortgage and Housing Corporation (CMHC), announced a federal government financial commitment of over $13.75 million for the construction of the BBCFR 6-storey Affordable Housing Building.
Thanks to this commitment by the NHCF, a pillar initiative of the National Housing Strategy (NHS), and to the investments of other partners, notably the Region of Peel, in cooporation with the City of Brampton, this project by Brampton Bramalea Christian Fellowship Residences Ltd. will provide 89 new units of affordable housing. This project is unique in that it also rehabilitates a registered Heritage property.
Brampton Bramalea Christian Fellowship Residences Ltd. is a Canadian charitable organization formed to provide affordable rental accomodation to families who are low income as well as eased conditions associated with being aged or with having a disability.
"Everyone deserves an affordable place to call home, which is why we are proud to be supporting this project through the National Housing Strategy. It will be more than just a safe and affordable place to live here in Brampton, it will be key to a better life for the residents who will soon call it home." – Adam Vaughan, Parliamentary Secretary to the Minister of Families, Children and Social Development
"For more than 10 years, we have been working towards helping our community's lower income families through providing affordable housing. Now, with the help of CMHC, the Region of Peel, the City of Brampton, our friends at LIV Communities and the prayers of our BCF Church family, we are excited to be able to provide 89 affordable housing units that will help lower income families enjoy a healthy, affordable, housing solution that will enrich every area of their lives." – Randy Neilson, President of Brampton Bramalea Christian Fellowship Residences Ltd
"Increasing affordable housing for low to middle-income families in Peel continues to be priority for the Region and the local municipalities. I am grateful to the Brampton Bramalea Christian Fellowship Residences Ltd., our federal government partner and the City of Brampton for supporting this priority. By creating 90 new housing units through the Brampton Bramalea Christian Fellowship Residences project we continue to increase the supply of affordable housing in our community." – Nando Iannicca, Regional Chair, Region of Peel
"I am honoured to participate in this good news funding announcement by the federal government for Brampton families who will benefit from this new, 90-unit affordable housing project. I want to thank Pastor Randy Neilson and the Bramalea Christian Fellowship for their commitment and leadership on this new residence." – Mayor Patrick Brown, City of Brampton
- The BBCFR 6-storey Affordable Housing Building aims to achieve a 45.9% reduction in energy consumption and greenhouse gas emissions when compared to the current National Energy Code of Canada for Buildings (NECB 2015).
- The project will provide 89 new affordable units and one market, removing at least 45 families from the Region of Peel Centralized waiting list.
- 29 units are designed as accessible to serve those who may need special care.
- With a budget of $13.2 billion, NHCF gives priority to projects that help those in greatest need, including women and children fleeing family violence, seniors, Indigenous peoples, people with disabilities, those dealing with mental health and addictions, Veterans and young adults.
- Through the NHCF, the Government of Canada will work with partners to build up to 60,000 new affordable homes and repair up to 240,000 existing affordable and community homes over the next 10 years.
- Investments are also planned in the NHCF to create or repair at least 4,000 shelter spaces for victims of family violence and create at least 7,000 new affordable housing units for seniors and 2,400 new affordable housing units for people with developmental disabilities.
- Under the Investing in Canada plan, the Government of Canada is investing more than $180 billion over 12 years in public transit projects, green infrastructure, social infrastructure, trade and transportation routes, and Canada's rural and northern communities.
- 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 all levels of Canadian government, consumers and the housing industry. For more information, visit our website or follow us on Twitter, YouTube, LinkedIn, Instagram and Facebook.
- To find out more about the National Housing Strategy, visit www.placetocallhome.ca.
SOURCE Canada Mortgage and Housing Corporation
For further information: Valérie Glazer, Press secretary, Office of the Minister of Families, Children and Social Development, 613-220-1841, email@example.com; Spencer Magee, CMHC Public Affairs, 647-244-0040, firstname.lastname@example.org