Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation
Canada's Economic Action Plan

Canada's Economic Action Plan
Government of Canada

Government of Canada

March 15, 2011 11:00 ET

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

SCARBOROUGH, ONTARIO--(Marketwire - March 15, 2011) - The Government of Canada announced today that 172 housing co-operative and urban native non-profit projects located in Ontario will receive more than $27.8 million through Canada's Economic Action Plan, as part of the social housing renovation and retrofit investments.

The announcement was made at Marine Heights Co-operative Homes, in Scarborough, by the Honourable Julian Fantino, Minister of State (Seniors) and Member of Parliament for Vaughan, 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 focused on the economy and creating jobs and growth for families," said Minister of State Fantino. "Canada's Economic Action Plan is funding renovation and retrofit projects like these ones to improve the quality of life of the residents and help stimulate the economy and create local jobs."

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 urban native non-profit projects 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."

"On behalf of the membership of Marine Heights Co-operative Homes, I would like to thank the Government of Canada and Canada Mortgage and Housing Corporation for the funds we've received through Canada's Economic Action Plan to replace our roofs," said Jim Studeny, Board President. "Not only have these renovations improved the well-being of our residents, but they have also helped establish our community for future generations."

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: www.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 urban native non-profit projects that will receive contributions from the Government of Canada being announced today are:

ALEX GIRVIN CO-OP $ 220,022
ALEXANDER MACKENZIE HOUSING CO-OP $ 119,219
ALLIANCE HOUSING CO-OPERATIVE $ 549,671
ANDY ANDRAS HOUSING CO-OP FOR SENIORS $ 108,224
APPLEGARTH COOPERATIVE $ 108,558
APPLEMEAD CO-OPERATIVE HOMES INC $ 60,724
ARAUCO HOUSING CO-OPERATIVE CORP $ 457,164
ATHOL GREEN CO-OP HOMES INC $ 685,805
BEECH HALL CO-OP $ 273,639
BIRCH CLIFF CO-OPERATIVE HOMES INC $ 61,912
BRIAR ROSE CO-OPERATIVE HOMES INC $ 1,689
BRIAR ROSE CO-OPERATIVE HOMES INC $ 11,102
BRIAR ROSE CO-OPERATIVE HOMES INC $ 2,509
BRIAR ROSE CO-OPERATIVE HOMES INC $ 27,240
BRIAR ROSE CO-OPERATIVE HOMES INC $ 1,689
BRIAR ROSE CO-OPERATIVE HOMES INC $ 4,486
BRIAR ROSE CO-OPERATIVE HOMES INC $ 21,120
BRIAR ROSE CO-OPERATIVE HOMES INC $ 16,933
BRIAR ROSE CO-OPERATIVE HOMES INC $ 10,831
BRIAR ROSE CO-OPERATIVE HOMES INC $ 1,689
BRIAR ROSE CO-OPERATIVE HOMES INC $ 2,509
BRIAR ROSE CO-OPERATIVE HOMES INC $ 4,198
BRIAR ROSE CO-OPERATIVE HOMES INC $ 7,221
BRIAR ROSE CO-OPERATIVE HOMES INC $ 118,045
BRIARVIEW CO-OPERATIVE HOMES $ 84,404
BRIDLE MANOR CO-OP INC. $ 840,014
BRIGHTON YARDS HOUSING CO-OPERATIVE $ 163,313
BURNHAMWOOD CO-OP $ 989,228
CAMPDEN GREEN CO-OP $ 140,143
CARILLON CO-OPERATIVE HOUSING INC $ 102,726
CAROLINE CO-OP HOMES INC. $ 776,016
CASTLEFRANK CO-OPERATIVE HOMES INC $ 452,301
CATALPA CO-OPERATIVE INC. $ 82,091
CHARLES HASTINGS HOUSING CO-OP $ 368,346
COLLEGE VIEW HOUSING CO-OPERATIVE $ 778,347
CONSTANCE HAMILTON HOUSING CO-OP $ 82,694
CO-OP D'HAB. JEANNEVILLE $ 366,406
CO-OP D'HAB. ROCHELANDAISE $ 242,352
COOPERATIVE D'HABITATION VALLÉE OUEST $ 143,137
COUNTRY HILLS HOUSING CO-OPERATIVE $ 432,877
COUNTRY LANE CO-OPERATIVE HOMES INC $ 109,683
CROWN HEIGHTS CO-OP HOMES INC $ 310,264
DENTONIA PARK CO-OP $ 275,073
DOVERCOURT HOUSING CO-OPERATIVE $ 45,756
DRUMLIN CO-OPERATIVE HOMES INC $ 462,018
DUNDAS HOUSING CO-OPERATIVE $ 116,886
DUNDAS HOUSING CO-OPERATIVE $ 66,253
EILEEN TALLMAN CO-OPERATIVE HOMES $ 435,186
ELLEN MCGREAL HOUSING CO-OP INC $ 88,671
EMANUEL HOUSING CO-OPERATIVE INC. $ 40,872
FALLS PLACE COOP HOMES INC $ 64,975
GLENBURN CO-OP HOMES INC. $ 795,164
GUISE STREET HOUSING CO-OPERATIVE I $ 607,201
HARBOURSIDE CO-OP HOMES INC $ 584,967
HARMONY HAVEN HOUSING COOPERATIVE $ 253,917
HARVEST MOON CO-OPERATIVE HOMES INC $ 153,533
HOSKINS HOUSING CO-OPERATIVE INC $ 74,970
HUGH GARNER CO-OP $ 1,870,500
HUMBERVIEW HSG. CO-OPERATIVE INC $ 445,703
HURONIA FAMILY HOUSING CO-OPERATIVE $ 23,866
HURONIA FAMILY HOUSING CO-OPERATIVE $ 9,088
INNSTEAD CO-OP $ 21,188
INNSTEAD CO-OP $ 21,188
INNSTEAD CO-OP $ 5,086
INNSTEAD CO-OP $ 20,340
INNSTEAD CO-OP $ 5,175
INNSTEAD CO-OP $ 5,819
INNSTEAD CO-OP $ 8,475
INNSTEAD CO-OP $ 13,560
INNSTEAD CO-OP $ 8,350
INNSTEAD CO-OP $ 14,408
INNSTEAD CO-OP $ 11,865
INNSTEAD CO-OP $ 18,645
INNSTEAD CO-OP $ 3,679
INNSTEAD CO-OP $ 11,018
INNSTEAD CO-OP $ 3,702
INNSTEAD CO-OP $ 4,577
INNSTEAD CO-OP $ 18,182
INNSTEAD CO-OP $ 4,706
INNSTEAD CO-OP $ 14,313
INNSTEAD CO-OP $ 4,819
INNSTEAD CO-OP $ 15,922
INNSTEAD CO-OP $ 22,098
INNSTEAD CO-OP $ 38,341
INNSTEAD CO-OP $ 31,711
INNSTEAD CO-OP $ 20,156
INNSTEAD CO-OP $ 24,239
INNSTEAD CO-OP $ 64,125
JACKSON'S POINT CO-OPERATIVE HOMES $ 10,850
KENFINCH CO-OP $ 76,015
KESWICK COMMUNITY CO-OP $ 185,976
L'AUBERGE CO-OPERATIVE INC. $ 155,951
LAVAL CO-OP D'HABITATION INC. $ 102,656
LOTUS CO-OP HOMES INC. $ 1,223,875
MARINE HEIGHTS CO-OP $ 1,318,299
MARY CAMPBELL CO-OP $ 55,749
MORLEY MILLS CO-OP $ 33,722
MOUNTMUIR COOP HSG CORP $ 151,096
NEILSON CREEK HOUSING CO-OP INC. $ 621,692
NEW BRIGHTON HOUSING CO-OP INC $ 189,185
NEWMARKET CO-OPERATIVE HOMES INC. $ 112,188
NITAWIN COMMUNITY DEVELOPMENT CORP. $ 7,334
NITAWIN COMMUNITY DEVELOPMENT CORP. $ 2,882
NITAWIN COMMUNITY DEVELOPMENT CORP. $ 9,869
NITAWIN COMMUNITY DEVELOPMENT CORP. $ 10,471
NITAWIN COMMUNITY DEVELOPMENT CORP. $ 60,195
NITAWIN COMMUNITY DEVELOPMENT CORP. $ 58,988
NORTHBROOK VILLAGE HOUSING CO-OP $ 230,016
NOVA HOUSING CO-OPERATIVE INC $ 181,854
OAK STREET HOUSING CO-OP INC. $ 511,980
OASIS CO-OPERATIVE HOMES INC. $ 65,781
ORCHARD PARK COOPERATIVE HOMES $ 54,759
OSHAWA CREEK CO-OPERATIVE HOMES INC $ 210,134
PETERBOROUGH CO-OPERATIVE HOMES INC $ 39,310
PETERBOROUGH CO-OPERATIVE HOMES INC $ 18,655
PETERBOROUGH CO-OPERATIVE HOMES INC $ 28,008
PETERBOROUGH CO-OPERATIVE HOMES INC $ 120,150
PIONEER CO-OPERATIVE HOMES INC. $ 7,499
PLACE AILE-NORD $ 203,366
PRIMROSE HOUSING CO-OP INC. $ 834,190
RAMER'S WOOD CO-OP $ 255,199
RIVERDALE COOPERATIVE HOMES $ 51,155
RIVERDALE COOPERATIVE HOMES $ 7,345
RIVERDALE COOPERATIVE HOMES $ 10,848
RIVERDALE COOPERATIVE HOMES $ 8,016
RIVERDALE COOPERATIVE HOMES $ 2,373
RIVERDALE COOPERATIVE HOMES $ 4,068
RIVERDALE COOPERATIVE HOMES $ 27,990
RIVERDALE COOPERATIVE HOMES $ 2,486
RIVERDALE COOPERATIVE HOMES $ 27,425
RIVERDALE COOPERATIVE HOMES $ 14,803
RIVERDALE COOPERATIVE HOMES $ 1,508
RIVERDALE COOPERATIVE HOMES $ 4,068
RIVERDALE COOPERATIVE HOMES $ 5,365
RIVERDALE COOPERATIVE HOMES $ 2,373
RIVERDALE COOPERATIVE HOMES $ 5,061
RIVERDALE COOPERATIVE HOMES $ 12,216
RIVERDALE COOPERATIVE HOMES $ 5,838
RIVERDALE COOPERATIVE HOMES $ 2,486
RIVERDALE COOPERATIVE HOMES $ 4,515
RIVERDALE COOPERATIVE HOMES $ 16,950
RIVERDALE COOPERATIVE HOMES $ 31,832
ROSSLAND RIDGE CO-OP HOMES INC. $ 46,296
SEQUOIA HOUSING COOP $ 330,172
SILLS LANDING HOUSING CO-OPERATIVE $ 107,331
SILVERBIRCH CO-OP $ 199,637
STONE CHURCH CO-OP HOMES INC $ 441,184
SUPERIOR VIEW HOUSING COOPERATIVE I $ 233,850
TAPSCOTT VILLAGE CO-OPERATIVE $ 93,963
THREE STREETS HOUSING CO-OP $ 193,322
THURLESTONE CO-OP - PHASE I $ 389,341
TORONTO WOMEN'S CO-OP $ 147,408
TRAFALGAR CO-OPERATIVE HOUSING ASSN $ 281,734
TRILLIUM PLACE HSG COOP OF WOODSTOC $ 212,249
TWIN PINE VILLAGE CO-OP INC $ 180,088
VENTURA PARK HOUSING COOPERATIVE $ 129,041
VENTURE PLACE COOPERATIVE $ 51,389
VICTORIA SQUARE CO-OP $ 179,391
WESTWOOD PLACE CO-OPERATIVE HOMES I $ 176,021
WINDFIELD CO-OPERATIVE HOMES INC $ 53,175
WINDWARD CO-OPERATIVE HOMES INC. $ 277,584
WINKLEIGH CO OPERATIVE HSG CORP $ 143,291
WINONA HOUSING CO-OP INC. $ 262,741
WOOD TREE $ 15,820
WOOD TREE $ 2,486
WOOD TREE $ 15,820
WOOD TREE $ 10,283
WOOD TREE $ 14,973
WOOD TREE $ 27,800
WOOD TREE $ 16,950
WOOD TREE $ 1,017
WOOD TREE $ 14,012

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, $850 millions 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 $150 million 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; and 
  • 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

  • Media inquiries:
    Canada Mortgage and Housing Corporation
    Dean D'Souza
    416-250-2760
    or
    Office of Minister Finley
    Ryan Sparrow
    Director of Communications
    819-994-2482