Governments of Canada and Ontario Celebrate New Affordable Housing in Cornwall

Cornwall, Ontario - The Government of Canada, the Government of Ontario, and the City of Cornwall celebrated the grand opening of 32 affordable rental units. The project is supported by more than $2.2 million in funding through the Canada-Ontario Affordable Housing Program. 

Guy Lauzon, Member of Parliament for Stormont-Dundas-South Glengarry, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), and Jim Brownell, Member of Provincial Parliament for Stormont-Dundas-South Glengarry, on behalf of the Honourable Rick Bartolucci, Ontario's Minister of Municipal Affairs and Housing, along with Bob Kilger, Mayor of Cornwall, made the announcement. 

The 32-unit project located at 222 Sixth Street in Cornwall received more than $ 2.2 million funded through the Canada-Ontario Affordable Housing Program.  The building is occupied by low income individuals and persons with special needs. The federal and provincial funding is complemented by $576,974 in municipal financial incentives.

The Canada-Ontario Affordable Housing Program Agreement comprises a commitment of $301 million from each of the two senior levels of government.  In total, the federal, provincial and municipal governments will invest at least $734 million in the program, which will provide affordable housing for up to 20,000 households in Ontario.

In 2008, the Government of Canada committed more than $1.9 billion over five years to improve and build new affordable housing and to help the homeless. Canada's Economic Action Plan builds on this with an additional one-time investment of more than $2 billion over two years for the construction of new and the renovation of existing social housing,and loans of up to another $2 billion to municipalities for housing-related infrastructure.  Combined for Ontario, this means a further $1.2 billion joint investment under the amended Canada-Ontario Affordable Housing Program Agreement.  The federal and provincial governments are contributing equally to this overall investment.

In 2009, Ontario allocated a combined federal and provincial investment of $704 million for the renovation of social housing, and $540 million for the creation of new affordable housing.  This investment is part of the Open Ontario Plan, and will create an estimated 23,000 jobs over the course of the program, and strengthen local economies across the province.  To date, Ontario has approved more than $510 million for construction-ready projects, which will provide affordable housing for low-income families, senior citizens, and persons with disabilities, and $402 million for repairs benefiting some 150,000 social housing units.  To find out more about affordable housing in Ontario, visit www.ontario.ca/housing.

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.  For more information on Canada's Economic Action Plan, call 1-800-O Canada or visit www.actionplan.gc.ca.

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