Governments of Canada and Ontario Celebrate New Affordable Housing in Lindsay

Lindsay, ON - The Government of Canada, the Government of Ontario, and the City of Kawartha Lakes celebrated the grand opening of 18 new affordable housing rental units for persons with disabilities in one housing development in Lindsay today. The development is supported by $2.16 million in funding through the Canada-Ontario Affordable Housing Program. 

Barry Devolin, Member of Parliament for Haliburton-Kawartha Lakes-Brock, 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 Rick Johnson, Member of Provincial Parliament for Haliburton-Kawartha Lakes-Brock, on behalf of the Honourable Rick Bartolucci, Ontario's Minister of Municipal Affairs and Housing, along with Ric McGee, Mayor, City of Kawartha Lakes, made the announcement. 

The 18-unit project located at 2 Hamilton Street received $2,160,000 funded through the two-year extension of the Canada-Ontario Affordable Housing Program. The federal and provincial funding is complemented by $527,698 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 construction of new affordable housing.  This investment is part of the Open Ontario plan, and will generate an estimated 23,000 jobs over the course of the program, while strengthening 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.

• Contact Us
• Accessibility
• Privacy
• Help

• Full Site
• Important Notices