Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation
Canada's Economic Action Plan

Canada's Economic Action Plan

December 17, 2010 12:00 ET

Canada's Economic Action Plan Creates Jobs and Improves Social Housing in Alberta

EDMONTON, ALBERTA--(Marketwire - Dec. 17, 2010) - The Government of Canada announced today that 19 housing co-operatives and non-profit organizations located in Alberta will receive almost $743,000 through Canada's Economic Action Plan, as part of the social housing renovation and retrofit investments.

The announcement was made by the Honourable Rona Ambrose, Minister of Public Works and Government Services and Minister for Status of Women, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC).

"Our Government is committed to helping Canadians who are struggling to make ends meet and at risk of homelessness," said Minister Ambrose. "In these tough economic times, Canada's Economic Action Plan is helping Canadians achieve the dignity and self-sufficiency that comes with safe, affordable housing, and creating jobs and opportunities through social housing renovation and retrofit projects."

The Government of Canada, through Canada's Economic Action Plan, announced $1 billion for social housing renovation and retrofit. Of the $1 billion, $850 million is being delivered by provinces and territories on a cost-matched basis for existing federally assisted social housing projects which they administer on behalf of the partnership. The remaining $150 million is being delivered by CMHC for existing federally assisted off-reserve housing which it directly administers. Eligible repairs include general improvements, energy efficiency upgrades or conversions, and modifications in support of persons with disabilities.

The housing co-operatives and non-profit organizations that will receive contributions from the Government of Canada are outlined in the attached backgrounder.

"The Co-operative Housing Federation of Canada (CHF Canada) is the organized voice of the Canadian Co-operative housing movement," said CHF Canada Executive Director, Nicholas Gazzard. "The federal government has responded to the financial need we identified with a stimulus funding program which will help to ensure that present and future residents have a safe, comfortable home for years to come."

More information on this and other measures in Canada's Economic Action Plan, the federal government's plan to stimulate the economy and protect those hit hardest by the global recession, can be found at ww.actionplan.gc.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

BACKGROUNDER

The housing co-operatives and non-profit organizations that will receive contributions from the Government of Canada being announced today are:

BEA FISHER CENTRE Lloydminster $5,334.00
AIRPORT RESIDENCE Vermilion $16,648.00
WETASKIWIN AND DISTRICT ASSOCIATION Wetaskiwin $14,773.00
CORE ASSOCIATION Medicine Hat $14,001.00
(S.P.A.N) ST. PAUL ABILITIES St. Paul $37,540.00
ST. ISIDORE HOUSING COOP St. Isidore $57,385.00
MEADOWLARK GROUP HOME Edmonton $7,353.00
CATHOLIC CHARITIES SOCIETY Edmonton $26,239.00
ALDERGROVE HOUSING COOPERATIVE LTD. Edmonton $277,357.00
DUGGAN GROUP HOME Edmonton $3,915.00
JASPER PLACE GROUP HOME Edmonton $6,930.00
PRIMROSE GROUP HOME Edmonton $3,900.00
ROYAL GARDENS GROUP HOME Edmonton $4,072.00
CATHOLIC CHARITIES SOCIETY Edmonton $9,712.00
CATHOLIC CHARITIES SOCIETY Edmonton $16,934.00
CATHOLIC CHARITIES SOCIETY Edmonton $7,833.00
SUNDANCE HOUSING CO-OPERATIVE LTD. Edmonton $110,248.00
INTERMET HOUSING SOCIETY OF EDMONTON Edmonton $116,851.00
SKILLS SOCIETY Edmonton $5,560.00

RENOVATION AND RETROFIT OF EXISTING SOCIAL HOUSING ADMINISTERED BY CMHC

The Government of Canada's commitment to affordable housing is significant.

Overall, Canada's Economic Action Plan provides a total of $7.8 billion to build quality housing, stimulate construction, create jobs, encourage home ownership and enhance the energy efficiency of Canadian homes. Canada Mortgage and Housing Corporation (CMHC) will deliver more than $2 billion to provide new and renovated housing for more than 200,000 Canadian households.

Co-operative and non-profit housing represents an important form of housing for many low and moderate-income households. A portion of the existing units are aging and require repairs and upgrading to meet modern energy efficiency and accessibility standards.

As part of Canada's Economic Action Plan, the federal government will invest $1 billion to renovate and retrofit existing social housing. Of this amount, $850M will be used for existing social housing projects administered by provinces and territories, which are in receipt of annual Federal funding. Provinces and territories are required to cost-share this funding on a 50-50 basis and are responsible for program design and delivery.

The remainder of the $1 billion, $150 million will be delivered over two years to address the needs of existing social housing units directly funded and administered by CMHC. This $150 million is targeted, under the Renovation and Retrofit of Existing Social Housing Initiative (the "Renovation and Retrofit Initiative"), to off-reserve federally funded and administered social housing units currently subject to an operating agreement under a National Housing Act social housing program. The following criteria apply to the $150M being delivered by CMHC:

  • This initiative will help address the demand for renovation, general improvement, energy efficiency upgrade or conversion, regeneration and modifications for persons with disabilities.
  • Applicants must have the capacity to undertake work quickly and must meet all other program eligibility criteria.
  • Priority will be given to sponsors who have managed their projects well and who do not have sufficient funds in their replacement reserve to carry out repairs.

Eligible repairs include, but are not limited to repairs to existing building components, replacement or construction of worn out major building components, major building services, basic facilities and equipment.

Contact Information

  • CMHC
    Kimberlee Jones
    Senior Communications Consultant
    403-515-3048
    or
    Office of Minister Finley
    Michelle Bakos
    819-994-2482