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