Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

July 18, 2009 23:59 ET

New Affordable Housing Opens in North Bay

NORTH BAY, ON, July 18 - The Government of Canada, the Government
of Ontario, and the District of Nipissing Social Services Administration Board
today celebrated the opening of 18 new affordable rental units. The project
received $360,000 in funding through the Canada-Ontario Affordable Housing
Program.

The Honourable Diane Finley, Minister of Human Resources and Skills
Development Canada and Minister Responsible for Canada Mortgage and Housing
Corporation; Monique Smith, MPP for Nipissing, on behalf of the Honourable Jim
Watson, Minister of Municipal Affairs and Housing; and George Jupp, Chair of
the District of Nipissing Social Services Administration Board, made the
announcement today.

"The Government of Canada is committed to making affordable housing
available in Ontario and across Canada for those who need it most," said
Minister Finley. "With the opening of new units, low-income individuals in
North Bay will have access to suitable, affordable housing that will help them
start a new page in their lives."

"Access to affordable, quality housing is very important to
Nipissing-area families," said Nipissing MPP Monique Smith. "I am very proud
that the provincial and federal governments have joined together to help build
Girard Complex, a true community initiative that will make a positive impact
on the lives of many families in our area."

Today's announcement recognized the official opening of the Girard
Complex, an 18-unit building which will provide affordable housing for
low-income individuals in North Bay. The $1.8 million project received
$360,000 under the Canada-Ontario Affordable Housing Program.

Girard Complex will receive an annual affordability payment of $10,800
totalling $324,000 for the project, provided entirely by the member
municipalities represented on the District of Nipissing Social Services
Administration Board. Funding for the project is complemented by municipal
development fee waivers.

"The completion of these 18 affordable rental housing units for families
and individuals in North Bay is a wonderful achievement," said Chair Jupp.
"Without the cooperation that the DNSSAB has received from the federal and
provincial government, and from the City of North Bay, this project would not
have materialized. More importantly, I want to thank Mr. Ron Girard for his
commitment to improving the affordable rental housing market in the District
of Nipissing."

The Canada-Ontario Affordable Housing Program comprises a commitment of
$301 million from each of the two senior levels of government. In total, the
federal, provincial and municipal governments will invest at least $734
million in the program, which will provide affordable housing for up to 20,000
households in Ontario.

Last fall, the Government of Canada committed more than $1.9 billion over
the next five years to improve and build new affordable housing and to help
the homeless. Canada's Economic Action Plan builds on this with an additional
one-time investment of more than $2 billion over two years in new and existing
social housing and lending of up to another $2 billion to municipalities for
housing-related infrastructure. Combined for Ontario, this means a further
$1.2-billion joint investment under the amended Canada-Ontario Affordable
Housing Program Agreement. The federal and provincial governments are
contributing equally to this overall investment.

Ontario is moving quickly to implement this additional funding, which
increases the number of "quick start" projects to 36 totaling over $70 million
and which will improve access to affordable housing for low-income families,
seniors and persons with disabilities. It will also create jobs and strengthen
local economies. To find out more about affordable housing in Ontario, visit
www.mah.gov.on.ca.

To find out more about how the Government of Canada and CMHC are working
to build stronger homes and communities for all Canadians, call CMHC at
1-800-668-2642 or visit www.cmhc.ca/housingactionplan. For more information on
Canada's Economic Action Plan, call 1-800-O Canada or visit
www.actionplan.gc.ca.

Disponible en français

For more information visit: www.cmhc.ca
www.ontario.ca/housing

Contact Information

  • Media contacts: Michelle Bakos, Press
    Secretary, Office of Minister Finley, (819) 994-2482; Leslie Pawlowski, Canada
    Mortgage and Housing Corporation, (416) 250-3297; Adam Grachnik, Office of
    Minister Watson, (416) 585-6492; Bill White, CAO, District of Nipissing Social
    Services Administration Board, (705) 474-2151 Ext. 3116