Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation
Government of Canada

Government of Canada

February 17, 2017 13:00 ET

First Projects Approved For Renovation and Retrofit of Federally-Administered Social Housing

EDMONTON, ALBERTA--(Marketwired - Feb. 17, 2017) - Organizations looking for financial support for renovations and retrofits of social housing now have funding to complete their work. More than 1,000 social housing units for seniors and low-income families and individuals will be repaired and upgraded through an investment of close to $12 million. The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and the Minister Responsible for Canada Mortgage and Housing Corporation (CMHC) made the announcement today in Edmonton.

Key highlights:

  • Budget 2016 provided close to $574 million over two years, starting in 2016-2017, through the 2016-2018 Social Infrastructure Fund, to support repairs and energy and water retrofits and renovation of existing social housing units. The majority of this funding is flowing through the provinces and territories.
  • Of this funding, $77.6 million over two years is provided to social housing units directly administered by CMHC.
  • The federal contribution of close to $12 million was made under the Reno/Retro 2016 initiative for social housing, administered by CMHC. The funding will support general repairs as well as renovations required for the health and safety of residents, and to address accessibility, vacancies as well as water and energy consumption.
  • Projects receiving funding include cooperatives and non-profit housing administered by CMHC. Renovation and retrofit work will take place in 46 projects located in Alberta, Ontario, Quebec and Prince Edward Island.
  • The announcement was made in Edmonton and included a tour of the Kalaka Housing Cooperative. Two homes received more than $21,000 to repair kitchens and bathrooms.

CMHC has been helping Canadians meet their housing needs for more than 70 years. 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 Canadian governments, consumers and the housing industry. Prudent risk management, strong corporate governance and transparency are cornerstones of CMHC's operations. For more information, please call 1-800-668-2642, visit our website or follow us on Twitter, YouTube, LinkedIn and Facebook.

Quotes:

"Our Government is investing in repairs and retrofits of social housing projects to improve the quality of life for those who need it most - low-income households, seniors, among others - and create good jobs that help grow Canada's economy and Canada's middle class in a clean and sustainable way. These investments are a transitional measure to address immediate and pressing problems in the short term while we take the time to develop new approaches for the future."

- The Honourable Jean-Yves Duclos, Minister of Children, Families and Social Development and Minister Responsible for CMHC

Renovation and Retrofit of Social Housing Funding Recipients

Name Units City/Province Amount
Bridge Housing Co-operative Ltd. 30 Lethbridge, AB $102,205.83
Kalaka 10 Edmonton, AB $21,666.36
A.T.O. Properties 4 Tignish, PEI $48,603.04
A.T.O. Properties 8 Alberton, PEI $99,703.98
A.T.O. Properties 5 Alberton, PEI $75,466.56
A.T.O. Properties 7 O'Leary, PEI
Alberton, PEI
$56,412.31
East Royalty Lions 5 Charlottetown, PEI $44,324.44
East Royalty Lions 25 Charlottetown, PEI $235,814.39
Hensley Green Co-operative Ltd. 26 Charlottetown, PEI $632,440.94
PEI Housing 6 Charlottetown, PEI $7,992.50
Pownal Square 29 Charlottetown, PEI $6,491.75
S E L Senior Citizens Housing Ltd. 13 Summerside, PEI $57,919.99
Applegate Co-operative Homes 53 Brantford, ON $494,550.05
Bridle Manor Co-op Inc. 81 Toronto, ON $808,221.10
Charlie Brooks Housing Court 70 Windsor, ON $478,114.20
Cornerstone Co-Operative Homes Inc. 3 St. Catharines, ON $3,898.50
Cornerstone Co-Operative Homes Inc. 6 St. Catharines, ON $6,158.50
Cornerstone Co-Operative Homes Inc. 48 St. Catharines, ON $229,259.95
Fairlea Housing Co-operative 33 Ottawa, ON $1,317,206.83
Fairlea Housing Co-operative 60 Ottawa, ON $3,272,306.05
Silverwood Housing Co-operative Inc. 66 Guelph, ON $904,885.82
Sprucewoods Co-operative Homes 60 Kitchener, ON $564,068.59
Stonetown Co-operative Homes 30 St. Mary's, ON $76,617.12
William Punnett Housing Cooperative Inc. 128 Etobicoke, ON $362,018.00
Bloc 4 Vents de Beauport 32 Québec, QC $117,566.04
C.H. de la Concorde 24 Alma, QC $15,579.00
C.H. la Détente 8 Montréal, QC $31,330.69
C.H. Le Plateau Montréal 31 Montréal, QC $357,310.26
C.H. Place Soleil 15 Trois-Rivières, QC $3,242.64
Coopérative d'Habitation de Métabetchouan 8 Métabetchouan-Lac-à-la-Croix, QC $29,318.63
Coopérative d'Habitation des Arbres 6 Québec, QC $77,754.05
Coopérative d'Habitation des Arbres 6 Québec, QC $75,470.26
Cooperative d'Habitation l'Aquarelle de Gaspe 6 Gaspé, QC $36,447.08
Coopérative d'Habitation Monseigneur Ferland 24 Québec, QC $13,531.12
Coopérative d'Habitation "Le Sourire de Québec" 6 Québec, QC $35,811.32
Coopérative d'Habitation "Le Sourire de Québec" 6 Québec, QC $590.81
Coopérative d'Habitation Bois Vert 29 Montréal, QC $501,171.48
Cooperative d'Habitation du Remous 16 Lévis, QC $3,587.73
Coopérative d'Habitation La Marée 18 Rimouski, QC $16,683.00
Cooperative d'Habitation La Vie en Ville 2 Montréal, QC $57,372.53
Coopérative l'Amitié 15 Boucherville, QC $102,316.25
Habitation St-Marc-du-Lac-Long 6 St-Marc-du-Lac-Long, QC $449.55
Habitation populaire du Saguenay Lac St-Jean 30 Chicoutimi, QC $70,197.56
Habitations de Saint-Eusèbe Inc. 4 Saint-Eusèbe, QC $62,781.68
La Coopérative d'Habitation "Loginaud" d'Alma 12 Alma, QC $22,017.71
Sous Mon Toit 38 Jonquière, QC $30,943.54
Total 1,148 $11,567,819.73

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