BURLINGTON, ONTARIO--(Marketwire - Oct. 19, 2012) - The official opening of 65 new affordable rental housing units for seniors living on low income was held today in Burlington. The project received more than $9 million in funding from the federal and provincial governments. The construction of this project created up to 163 jobs in Burlington.
Mike Wallace, Member of Parliament for Burlington, 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 the Honourable Ted McMeekin, Minister of Agriculture, Food and Rural Affairs and Member of Provincial Parliament for Ancaster-Dundas-Flamborough-Westdale on behalf of the Honourable Kathleen Wynne, Ontario's Minister of Municipal Affairs and Housing; along with Gary Carr, Halton Regional Chair; and Rick Goldring, Burlington Mayor, made the announcement.
"Through Canada's Economic Action Plan, our Government is providing a hand-up to those who need it most here in Burlington and in all corners of the country. We are committed to making communities stronger through projects like this one," said MP Wallace. "These investments help create new jobs and stimulate the local economy, while providing more access to safe, affordable homes for Canadian seniors."
"Our government is committed to improving access to safe, affordable housing options suited to peoples' needs," said Minister McMeekin. "Aldershot Village is making a positive difference in the lives of Burlington seniors and created up to 163 jobs in the community."
"Affordable housing for seniors is a priority in Halton's Citizens' Priorities Action Plan," said Halton Regional Chair, Gary Carr. "Aldershot Village Residence is a great example of what can be achieved when all levels of government work together to address challenges in our community."
"Halton Community Housing Corporation (HCHC) is pleased to provide another 65 affordable housing units to the community," said HCHC President Rick Craven. "Aldershot Village Residence is fortunate to have a branch of the Burlington Public Library on the ground floor and helps to fill an important need for local residents."
Aldershot Village Residence, located at 540 Plains Road East in Burlington, is conveniently close to shopping and the Royal Botanical Gardens. The modern units are equipped with energy efficient climate control heating and air conditioning. Support services will be provided to the 10 accessible units by offering 24-hour assisted living care. The project received more than $9 million in funding from the federal and provincial governments and is complemented by $6.6 million in municipal financial incentives.
The Government of Canada, through CMHC, will invest more than $2 billion in housing this year. Of this amount, $1.7 billion will be spent in support of almost 605,000 households living in existing social housing. In Ontario, this represents some 237,750 households. These investments are improving the quality of life for low-income Canadians and households living in existing social housing, including individuals who are homeless or at-risk of homelessness, seniors, persons with disabilities, recent immigrants and Aboriginal people.
Ontario continues to build new affordable housing and repair existing units for Ontarians with housing needs. Since 2009, the provincial government has provided nearly $183 million to build new rental housing units for low-income seniors and persons with disabilities. Ontario's overall investment of over $2.5 billion has translated into the construction and repair of more than 270,000 housing units and the provision of 35,000 rent supplements for Ontario families on fixed incomes. The province's Long-Term Affordable Housing Strategy sets a strong foundation for a more efficient, accessible affordable housing system in Ontario.
Affordable housing is a key component of Ontario's Poverty Reduction Strategy. Download a copy of the Government of Ontario's Long-Term Affordable Housing Strategy. 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.
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