OTTAWA, July 3, 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 Ottawa, the Honourable David McGuinty, Member of Parliament for Ottawa South, 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), announced a $3.12 million financial commitment from the federal government for the Youth Services Bureau of Ottawa's 2887 Riverside Drive project.
Thanks to this commitment by the NHCF, a pillar initiative of the National Housing Strategy (NHS), and to the investments of other partners, including the City of Ottawa, this project will build 39 new homes for homeless and at-risk youth.
Founded in 1960, the Youth Services Bureau of Ottawa (YSB) is one of the largest and most comprehensive non‑profit agencies serving youth in Ottawa. More than 350 caring professionals work from 20 locations across the city to deliver a vast range of programs and services that support at‑risk youth and their families.
Quotes
"The National Housing Strategy has an ambitious goal of reducing chronic homelessness in Canada by at least 50 per cent. This terrific project in Ottawa is another concrete step in the right direction. I am proud to be part of a government that works collaboratively with our partners to enable all Canadians to build a better life for themselves and their communities." – The Honourable David McGuinty, Member of Parliament for Ottawa South
"The City of Ottawa is committed to providing safe and affordable housing for all its residents and ending chronic homelessness as set out in our 10-Year Housing and Homeless Plan. I'd like to thank the Government of Canada for their leadership and financial commitment to Youth Services Bureau's project. This new South-end development will help young people and young families settle into a stable and safe place they can call home." – Jim Watson, Mayor, City of Ottawa
"We know that youth homelessness is complex and, without intervention, can lead to lifelong homelessness. This building represents so much more than a safe home, it will also offer youth programs and services to help them prepare for an independent adulthood. Thank you to all of our partners who continue to help us as we work towards reaching our fundraising goal." – Joanne Lowe, Executive Director, Youth Services Bureau
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SOURCE Canada Mortgage and Housing Corporation
Valérie Glazer, Press secretary, Office of the Minister of Families, Children and Social Development, 613-220-1841, [email protected]; Spencer Magee, Public Affairs, Canada Mortgage and Housing Corporation, 647-244-0040, [email protected]
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