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PRESS RELEASE


For Release - July 3, 2009

 

NEW AFFORDABLE HOUSING IN LONDON

LONDON – The Government of Canada, the Province of Ontario and the City of London today announced $1.6 million to fund a major construction-ready project in London.  The funding was made available as a result of a $1.2-billion joint investment under the amended Canada-Ontario Affordable Housing Program Agreement.

Ed Holder, Member of Parliament for London West, and the Honourable Chris Bentley, Member of Provincial Parliament for London West, along with Mayor Anne Marie DeCicco-Best, joined together to announce 39 new units of affordable housing for low-income families and individuals with disabilities.

“This Government is working hard to support Canadians during these challenging economic times and we are moving aggressively to ensure Canada’s Economic Action Plan is implemented rapidly,” said MP Holder. “With these investments in London, we are making an important difference in the lives of some of our community’s most vulnerable citizens. Low-income families and persons with disabilities will soon have access to quality, affordable housing and services to meet their specific needs, while remaining close to their families and friends.”

This first wave of funding will lead to construction by September and we will continue to work with our municipal partners to ensure more units are built during the life of this program,” said Chris Bentley, MPP London West.

“Working together with other levels of government is the most effective way to address Canada’s growing need for more affordable housing, and in doing so, we are able to improve living conditions for the most vulnerable citizens in our community, and across the country,” said Mayor DeCicco-Best.

Ontario is moving quickly to implement this new funding with a total of 23 “quick start” projects totaling over $52.2 million – all of which will improve access to affordable housing for low-income families, seniors and persons with disabilities.  It will also create jobs and strengthen local economies. To find more about affordable housing in Ontario, visit www.mah.gov.on.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. For more information on Canada’s Economic Action Plan, call 1-800-O Canada or visit www.actionplan.gc.ca.

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For more information visit:      http://www.cmhc.ca and www.ontario.ca/housing

 


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