NORTH BAY, ON, Sept. 28, 2018 /CNW Telbec/ - More people will now have a place to call home in North Bay. The federal and provincial governments are investing more than $3.1 million to create 42 affordable housing units.
Anthony Rota, Member of Parliament for Nipissing-Timiskaming, on behalf of 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. Vic Fedeli, Ontario Minister of Finance and the Member of Provincial Parliament for Nipissing, was also in attendance.
The new development by the District of Nipissing Social Services Administration Board and a local developer is located at 4 Marshall Park Drive and will have a total of 56 units. Every unit in the building has accessible features.
- This new rental development, called Marshall Park Living, was formerly home to Marshall Park Elementary School.
- The facility features a library, community garden and a backyard with a fire pit.
- Canada's first ever National Housing Strategy is a 10-year, $40-billion plan that will give more Canadians a place to call home. Under the National Housing Strategy, the federal government will recognize and progressively implement every Canadian's right to access housing that meets their needs and that they can afford.
"The peace of mind that comes with having a secure and stable home is invaluable. This is why our Government is glad to be involved in the creation of this new housing which will provide residents with affordable and quality housing while supporting North Bay's local economy." – Anthony Rota, Member of Parliament for Nipissing—Timiskaming
- 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, please visit cmhc.ca or follow us on Twitter, YouTube, LinkedIn and Facebook.
- Ontario is committed to increasing the supply of affordable housing across the province, while getting the best value for taxpayers. Cutting red tape will help bring housing to market faster – leading to lower housing costs and helping people keep more of their hard-earned dollars. For more information on affordable housing in Ontario, visit ontario.ca/affordablehousing or follow us on Twitter.
SOURCE Canada Mortgage and Housing Corporation
For further information: Media contacts: Valérie Glazer, Press Secretary, Office of the Minister of Families, Children and Social Development, 613-220-1841, [email protected]; Wilbur McLean, Public Affairs, Canada Mortgage and Housing Corporation, 437-333-3299, [email protected]; Conrad Spezowka, Communications, Ministry of Municipal Affairs and Housing, 416-585-7066, [email protected]