Governments of Canada and Ontario celebrate affordable housing in Peterborough and area

Logo: Government of Canada (CNW Group/Canada Mortgage and Housing Corporation)

Logo: Government of Ontario (CNW Group/Canada Mortgage and Housing Corporation)

PETERBOROUGH, ON, April 13, 2018 /CNW/ - More families, seniors, adults with disabilities and Indigenous people will now have a place to call home in Peterborough, Renfrew County and the surrounding areas. The federal and provincial governments are investing over $10.3 million to create 82 affordable housing units.

The Honourable Maryam Monsef, Minister of Status of Women and Member of Parliament for Peterborough-Kawartha, 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), along with the Honourable Jeff Leal, Ontario's Minister of Agriculture, Food and Rural Affairs and Member of Provincial Parliament for Peterborough, on behalf of the Honourable Peter Milczyn, Ontario's Minister of Housing and Minister Responsible for the Poverty Reduction Strategy, made the announcement today. Daryl Bennett, Mayor of Peterborough also spoke at the event.

The announcement took place at the official opening of Monaghan Court, at 721 Monaghan Road. The former fire hall was redeveloped to provide 11 units of affordable housing for Indigenous residents.

Other affordable housing developments in Arnprior, Haliburton, Lindsay, Petawawa and Perth were also celebrated at the event.

Quick facts:

• 721 Monaghan Road was a City of Peterborough fire hall from the time it was built in 1957 until 2012.
  
• The governments of Canada and Ontario jointly contributed over $1.6 million to the project through the Investment in Affordable Housing (IAH) agreement.
  
• The governments of Canada and Ontario have partnered together to deliver the IAH program since 2011. Under the IAH, Ontario and the federal government are investing a total of $1.9 billion to improve access to affordable housing across Ontario.

Quotes:

"Our Government is taking action to strengthen the middle class—the heart of Canada's economy. Through new investments in Budget 2017 and the coming National Housing Strategy, we will ensure that more Canadians have access to housing that meets their needs and that they can afford. We will reduce housing need, lift more Canadians out of poverty, and contribute to strong, more inclusive communities."– Maryam Monsef, Minister of Status of Women and Member of Parliament for Peterborough-Kawartha

"We are proud to fund projects that give members of our community a safe and affordable place to call home. Because it's only by working together – provincial, federal, municipal and Indigenous – that we can end homelessness." – Jeff Leal, Ontario Minister of Agriculture, Food and Rural Affairs and Member of Provincial Parliament for Peterborough

"Stable, safe and affordable housing is essential for the well-being of individuals and families in our community. The homes being created by the Ontario Aboriginal Housing Services Corporation and the Mount Community Centre are exciting examples of what we can achieve through affordable housing partnerships." – Daryl Bennett, Mayor of Peterborough

"OAHS developed a creative housing solution to provide accessible and culturally-appropriate housing options for Indigenous people living in Peterborough.  OAHS is proud to partner with the provincial and the federal governments as well as the City of Peterborough in the development of new Indigenous housing opportunities." – Sylvia Maracle, Chair of the Board of Directors, Ontario Aboriginal Housing Services

Associated links:

• 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.
  
• Investing in affordable housing is part of Ontario's plan to support care, create opportunity and make life more affordable during this period of rapid economic change. Since 2003, the province has committed more than $5 billion in funding for affordable housing, which has helped support more than 22,000 new affordable rental housing units, more than 335,000 repairs and improvements to social and affordable housing units and rental and down payment assistance to more than 93,000 households in need. These investments complement the commitments made through Ontario's recent Long-Term Affordable Housing Strategy update, and support the province's goal of ending chronic homelessness by 2025. For more information on affordable housing in Ontario, visit ontario.ca/affordablehousing or follow us on Twitter.
  
• 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. For more information on the National Housing Strategy visit www.placetocallhome.ca.

Backgrounder

New affordable rental housing projects in Peterborough and area

Seven developments will provide affordable housing for individuals and families in Peterborough, Renfrew County and surrounding areas.

Project	Address	Municipality	Units	Funding
Whispering Pines	4977 County Road 21 RR3	Haliburton	29	$3,578,076
Riverview Apartments	1145 Victoria Street	Petawawa	14	$2,000,014
Central Station Lofts	40 Hugh Street North	Arnprior	19	$2,200,000
721 Monaghan Road	721 Monaghan Road	Peterborough	11	$1,650,000
Shared Dreams at The Mount Community Centre	1545 Monaghan Rd	Peterborough	5	$500,000
Garden Court Residences	36 Harris Street North	Perth	2	$200,000
Devan Court	1 Devan Court	Lindsay	2	$191,405
Total			82	$10,319,495

SOURCE Canada Mortgage and Housing Corporation

Media contacts: Émilie Gauduchon, Press Secretary, Office of Minister Duclos, 819-654-5546, [email protected]; Catherine Leger, Public Affairs, Canada Mortgage and Housing Corporation, 514-475-5165, [email protected]; George Mason, Press Secretary, Office of Minister Milczyn, 416-219-7616, [email protected]; Conrad Spezowka, Communications, Ministry of Housing, 416-585-7066, [email protected]

Related Links

http://www.cmhc-schl.gc.ca