February 17, 2017 13:00 ET
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.
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.
"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
Emilie GauduchonPress SecretaryOffice of Minister Duclos819-654-5546Emilie.Gauduchon@hrsdc-rhdcc.gc.caJonathan RotondoCMHC Media Relations613email@example.com
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