Canadian Mortgage News
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Federal Government Announces Renovation FundsEDMONTON, Alberta, May 18, 2004 — The three-year extension of the Residential Rehabilitation Assistance Program (RRAP) and related programs in Alberta, totaling approximately $26.5 million, is helping low-income households including seniors, persons with disabilities and Aboriginal people to repair their dwellings to minimum health and safety levels. Funding is also available to improve emergency shelters and transitional housing for victims of family violence. The announcement was made today by the Honourable Anne McLellan, Deputy Prime Minister and Minister of Public Safety and Emergency Preparedness and Member of Parliament for Edmonton West, who said the programs, being provided through CMHC, include program enhancements to repair and improve the accessibility of the housing stock in the province. "The Government of Canada, through CMHC, is committed to rehabilitating housing in need of repair for low income households," said Deputy Prime Minister McLellan. "This is an important part of our national affordable housing strategy to preserve and enhance the existing housing stock. It is also an effective and responsible way of supporting sustainable development through the rehabilitation of existing buildings." The funding continues RRAP's 30-year legacy of meeting the housing needs of Canadians. RRAP is a cornerstone of Canada's national housing policy and is part of the Government of Canada's national housing strategy, which includes a $1 billion federal investment in affordable housing. For more information:Deborah Taylor, CMHC (613) 748-2586 Fact Sheet — Renovation ProgramsCanada Mortgage and Housing Corporation's existing renovation programs, which help low-income Canadians, were extended by $384 million. Improvements to the federal renovation programs were implemented recently to ensure the program is more effective in serving those most in need, including low income Canadians living in substandard housing, Aboriginal people, seniors, persons with disabilities and victims of family violence. The changes were made following consultations and an extensive evaluation of the Residential Rehabilitation Assistance Program (RRAP). The changes include an increase in maximum program assistance levels to reflect current housing renovation costs. All assistance approved through the programs is now fully forgivable. Improvements also include a change in the calculation of total household income in recognition of the additional costs faced by persons with disabilities. Program DetailsResidential Rehabilitation Assistance Program (RRAP) for HomeownersThis program provides financial assistance to low-income homeowners, who own and occupy housing, to enable them to repair their dwellings to meet a minimum level of health and safety. The maximum assistance available varies from $16,000 to $24,000 per household depending on geographic location. Rental/Rooming House RRAP Shelter Enhancement Program Conversion RRAP Emergency Repair Program RRAP for Persons with Disabilities Home Adaptations for Seniors Independence
News source: Canada Mortgage and Housing Corporation (CMHC)
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