BRAMPTON, ON, Aug. 7, 2020 /CNW/ - As Canadians have done their part to contain the spread of COVID-19, home has become a sanctuary - a place of safety and refuge. That is why the Government of Canada is ensuring that every Canadians has a safe and affordable place to call home.
Today the Government of Canada, Province of Ontario and the Region of Peel made an historic announcement that will result in thousands of more families having a safe and affordable place to call home in Peel.
The Honourable Ahmed Hussen, Minister of Families, Children and Social Development and Minister responsible for Canada Mortgage and Housing Corporation with the Region of Peel Chair Nando Iannicca, announced a more than $276 million financial commitment from the federal government through the National Housing Co-Investment Fund (NHCF) for the creation of new affordable housing in Peel. The Honourable Prabmeet Singh Sarkaria, Associate Minister of Small Business and Red Tape Reduction, and Member of Provincial Parliament for Brampton-South was on hand to speak to provincial housing contributions.
This announcement represents the single largest individual housing investment ever made by the Government of Canada in the Region of Peel.
These funds, along with the Province of Ontario's support and Peel Regional Council's commitment will enable the Region of Peel to begin development of new housing projects which will total up to 2,240 affordable rental units and shelter beds on Region-owned sites over the next eight years.
Quotes
"Our Government is investing in affordable housing in Peel Region and across Canada to help create jobs and improve the quality of life for those who need it most. With our partners, we are providing a helping hand to individuals and families in need, and in doing so, we are contributing to the economic and social well-being of Peel Region." — The Honourable Ahmed Hussen, Minister of Families, Children and Social Development and Minister responsible for Canada Mortgage and Housing Corporation
"Every Ontarian deserves a place to call home—that's why our government has made expanding access to housing a priority. We are proud to be working with our partners in Peel Region to create solutions that provide much-needed affordable housing for low income families. This investment will help people find homes that meet their needs in the community they love." — The Honourable Prabmeet Singh Sarkaria, Associate Minister of Small Business and Red Tape Reduction and Member of Provincial Parliament for Brampton-South
"On behalf of Region of Peel Council, we are thrilled to partner with the Government of Canada to build much-needed affordable housing in Peel. These significant investments enable the Region of Peel to add thousands of new affordable rental housing units as well as shelter beds for residents who are most in need. The magnitude of Peel's affordable housing shortage is being heightened by the effects of the pandemic as more individuals and families are finding themselves in urgent need of affordable housing. This demands that all levels of government work together, and we'll continue to explore innovative partnerships with both the federal and provincial governments to fulfill our plan for creating more affordable housing in Peel." — Nando Iannicca, Chair, Region of Peel
Quick Facts
Associated Links
SOURCE Canada Mortgage and Housing Corporation
For further information: Jessica Eritou, Office of the Minister of Families, Children and Social Development, [email protected]; Angelina Ritacco, Canada Mortgage and Housing Corporation; Media Relations, 416-218-3320, [email protected]; David Hodkin, Communication Specialist, Region of Peel, 416-356-8673, [email protected]; Julie O'Driscoll, Minister's Office, Ontario Ministry of Municipal Affairs and Housing, Julie.O'[email protected]; Communications, Ontario Ministry of Municipal Affairs and Housing, [email protected]
Also from this source
Share this article