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11 Mar 2010, Comments Off

Collingwood Celebrates New Affordable Housing

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The Government of Canada, the Government of Ontario, the County of Simcoe and the Town of Collingwood today celebrated the opening of 18 new affordable rental units. This project, located at 145 High Street, is supported by more than $1.2 million in funding through the Canada – Ontario Affordable Housing Program.

The Honourable Helena Guergis, Minister of State (Status of Women) and Member of Parliament for Simcoe – Grey, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation; and Aileen Carroll, Member of Provincial Parliament for Barrie, on behalf of the Honourable Jim Bradley, Minister of Municipal Affairs and Housing; Cal Patterson, Warden of Simcoe County; Chris Carrier, Mayor of Collingwood, and John Fogolin, President of Mirten Collingwood Ltd attended the ceremony.

“This renovation project is a good way to get the local economy moving because it puts construction workers and trades people to work quickly,” said Minister Guergis. “The federal government is stimulating the economy and creating jobs to help Canadians recover from the economic downturn.”

“These 18 units will have an important impact on its residents’ lives and the community,” said MPP Carroll. “I would like to congratulate the developer and community groups for making this project a reality.”

Today’s announcement recognized the opening of a 30-unit housing facility that provides 18 affordable housing units for low to moderate income single people and families and individuals with special needs. The federal and provincial allocations to the project were complemented by over $620,000 in municipal grants.

“The County of Simcoe is proud to partner with other levels of government and with our member municipalities to provide affordable housing options for our residents,” stated County Warden Cal Patterson. “These 18 new units give those in need in Collingwood access to supportive units as well as affordable housing.”

“Collingwood is home to many families with a wide range of needs and one of the particular needs is for quality, affordable, housing stock. A good place to call home. This project is a great example of cooperation between the Province of Ontario, the County of Simcoe and the Town of Collingwood meeting the need to provide a choice that for the last many years has not been available in our community,” stated Mayor Chris Carrier, for the Town of Collingwood. “The private developer, President of Mirten Collingwood Ltd, Mr. John Fogolin, made this project an easy sell to our community due to the beautiful design of the building and affordable rent.”

“I must say that because of the extremely hard work, by all the various stakeholders, this unique project happened,” said the President of Mirten Collingwood Ltd., John Fogolin. “I am also very encouraged by how successful the project is and hope that it helps to address the need in this community for Affordable Housing.”

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 the next 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 in new and existing social housing and lending 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.

11 Mar 2010, Comments Off

Social Housing in Halifax Under Renovation

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Ed Holder, Member of Parliament for London West, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), today announced mortgage loan insurance policies to facilitate the financing of student housing in Canada.

“Our government is dedicated to meeting the increased demand for student housing across the country” said Ed Holder, Member of Parliament for London West. “We’re helping developers and borrowers access competitive interest rates for the life of the mortgage, benefit from greater financing choices and lower renewal risk. Our government is supporting students and creating jobs in university and college communities across the country.”

The Government of Canada will help finance loans of up to 85 per cent of the lending value for the construction, purchase or refinancing of housing purposely built for students on or off campus through CMHC’s Mortgage Loan Insurance for multi-unit student housing. This initiative supports the housing needs of Canadian publicly funded educational institutions, including universities and colleges.

The demand for student housing is anticipated to continue to increase for an extended period as a result of changing demographics, forecasted enrolment figures and continued growth in international students.

“Today’s announcement is good news and will help developers in Canada respond to the housing needs of students,” said Ray Stanton, President of London Property Corporation.

The Government of Canada has taken additional measures to help Canadian families. As of August 1, 2009, new federal student financial assistance measures — the Canada Student Grants Program and the Repayment Assistance Plan — are helping students and families access postsecondary education and better manage their student loan debt. To find out more about how the Government of Canada is helping students achieve their educational goals, visit CanLearn.ca.

As Canada’s national housing agency, CMHC draws on more than 60 years of experience to help Canadians access a variety of quality, environmentally sustainable, and affordable homes — homes that will continue to create vibrant and healthy communities and cities across the country.

The Government of Canada marked the start of construction of the Moncton VISION demonstration home, an energy-efficient and environmentally-friendly home to be built in Moncton, New Brunswick. The home will be constructed by AlternaHome Solutions Inc. in partnership with VISION Land Development Ltd., as part of Canada Mortgage and Housing Corporation’s (CMHC’s) EQuilibrium™ Sustainable Housing Demonstration Initiative, which encourages builders and developers to build the next generation of sustainable housing in Canada.

Rob Moore, Member of Parliament for Fundy Royal, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development Canada and Minister Responsible for CMHC, was joined today by Paul Arsenault of AlternaHome Solutions Inc., and Ken McPhee of VISION Land Development Ltd., along with sponsors and supporters, in the groundbreaking of the first demonstration home of its kind in Atlantic Canada.

“The Government of Canada is pleased to work with the private sector to develop such innovative homes. We congratulate AlternaHome Solutions Inc. on its winning design/concept and its commitment to environmental responsibility,” said MP Moore. “The Moncton VISION Home gives people in this region an opportunity to see first-hand how we can create beautiful, healthy homes, conserve energy and resources, and reduce pollutant emissions.”

EQuilibrium™ housing integrates a wide range of innovative technologies and practices to reduce a home’s environmental impact to a minimum. The Moncton VISION Home will integrate optimal solar orientation, energy efficiency and renewable energy systems into its design and construction to reduce energy use. Additional Moncton VISION Home features include extensive natural lighting, an energy management system, natural and mechanical ventilation, and the use of natural materials with low levels of pollutants. Rainwater will be captured to reduce water use.

“We are very pleased to work with CMHC. They, together with each and every member of the Moncton VISION Home team, have been working tirelessly to ensure the success of this project. The Moncton VISION Home has the potential to help people discover new ways of doing things, which in the long run, will help reduce our dependence on fossil fuels, and consequently reduce our negative impact on the environment. The Moncton VISION Home will lead, teach and inspire people to take charge of their own energy,” said Mr. Arsenault.

The Moncton VISION Home is one of 15 projects that won CMHC’s national EQuilibrium™ sustainable housing competitions since the initiative was launched in 2006. All EQuilibrium™ projects will be open to both the general public and professional audiences for tours, and then monitored for performance by CMHC for one year, once occupied.

CMHC’s EQuilibrium™ Sustainable Housing Demonstration Initiative provides a new approach to housing in Canada, representing a fundamental change in the way Canadians think about their homes. It strives to balance our housing needs with those of the environment. It brings together — under one roof — the principles of occupant health and comfort, energy efficiency, renewable energy production, resource and water conservation, and reduced environmental impact.

CMHC has worked closely with many stakeholders to develop and deploy EQuilibrium™. In particular, CMHC has collaborated closely with Natural Resources Canada which has contributed substantial research and development expertise and resources to advancing the initiative.

As Canada’s national housing agency, CMHC draws on more than 60 years of experience to help Canadians access a variety of quality, environmentally sustainable, and affordable homes — homes that will continue to create vibrant, healthy communities and cities across the country.

http://www.cmhc.ca/en/corp/nero/nere/2009/2009-06-25-0900.cfm

brought to you by Moishe Alexander, CFC CEO