Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

July 10, 2009 23:59 ET

Peterview celebrates new affordable housing

PETERVIEW, NL, July 10 - The Government of Canada, the Government
of Newfoundland and Labrador and the Municipality of Peterview today
celebrated the opening of 10 new affordable rental units. The Quiet Corners
Housing Complex is supported by more than $1 million in funding under the
Canada-Newfoundland and Labrador Affordable Housing Program which is equally
cost-shared.

The Honourable Peter MacKay, Minister of National Defence and Minister
for the Atlantic Gateway, on behalf of the Honourable Diane Finley, Minister
of Human Resources and Skills Development Canada and Minister Responsible for
Canada Mortgage and Housing Corporation (CMHC); and Clayton Forsey, Member of
the House of Assembly for Exploits, on behalf of the Honourable Trevor Taylor,
Minister of Transportation and Works and Minister Responsible for Newfoundland
Labrador Housing (Housing), made the announcement today.

"The Government of Canada is committed to making affordable housing
available in Newfoundland and Labrador and across Canada for those who need it
most," said Minister MacKay. "The Quiet Corners Housing Complex is helping
low-income seniors and individuals with special needs access safe and suitable
housing, and build a stronger future for themselves."

"One of the key mandates of the Williams Government is to increase
housing options throughout the province for people with low or fixed incomes,"
said Mr. Forsey. "To that end we are pleased to provide $500,000 to the Quiet
Corners Housing Complex. Our investment will ensure affordable housing is
available to the people of our province into the future."

Quiet Corners Housing Complex consists of 10, one-bedroom units, one of
which is fully accessible. The project is sponsored by Your Strength is Our
Strength Club Inc. and received $1,024,542 under the Canada-Newfoundland and
Labrador Affordable Housing Program and $10,000 in seed funding during the
initial planning stages.

"This is an exciting day for all of the residents of Peterview," said
Annie Pope, Chief Executive Officer, Your Strength is Our Strength Club Inc.
"In addition to amazing work of the developers, contractors and all the bricks
and mortar that have built this complex, this has also truly been a work of
the heart. So many people in our community have contributed to its completion
in one way or another, and we are all just thrilled and very proud to watch it
become a reality."

Recently, the federal and provincial governments announced a joint
investment of $93 million to build new and renovate existing affordable
housing across the province over the next two years. Overall, the provincial
contribution is $50 million, and the federal government is contributing a
further $43 million.

As part of Budget 2009: Building on Our Strong Foundation, the Provincial
Government will invest $14.55 million for building, renovating, and
retro-fitting social housing infrastructure throughout Newfoundland and
Labrador.

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.

CMHC has been Canada's national housing agency for more than 60 years.
CMHC is committed to helping Canadians access a wide choice of quality,
affordable homes and making vibrant and sustainable communities and cities a
reality across the country.

Contact Information

  • ichelle Bakos, Press Secretary, Office of
    Minister Finley, (819) 994-2482, michelle.bakos@hrsdc-rhdsc.gc.ca; Jenny
    Bowring, Communications Manager, Newfoundland Labrador Housing, (709)
    724-3055, jmbowring@nlhc.nl.ca; Donna Ivey, Communications Manager, Government
    Members' Office, (709) 729-0898, (709) 697-1424, donnaivey@gov.nl.ca; Dawn L.
    Ring, Consultant-Communications and Marketing, Canada Mortgage and Housing
    Corporation, (709) 772-5973, dring@cmhc.ca