Canadian Mortgage News

January 2008 National News Archive

Construction Begins on Affordable Housing Project in the Cornwall Area

WILLIAMSBURG, Ontario, August 27, 2008 — The Government ofCanada, the Government of Ontario, the City of Cornwall and the Township of South Dundas are pleased to announce the start of construction of the Hess Street Project, an affordable housing development that will provide 20 rental units primarily for low-income seniors and people with special needs under the Canada – Ontario Affordable Housing Program.

“Our government is committed to making affordable housing available in Ontario and across Canada for those who need it most,” said Guy Lauzon , Member of Parliament for Stormont – Dundas – South Glengarry, on behalf of the Honourable Monte Solberg, Minister of Human Resources and Social Development. “Here in Williamsburg, these new rental units will help low-income seniors and people with special needs access safe, affordable and quality housing, helping them to build a stronger future.”

“Our government is committed to helping Ontario’s most vulnerable citizens secure a safe and affordable place to call home,” said the Honourable Jim Watson, Minister of Municipal Affairs and Housing. “This project will make it easier for senior citizens and people with special needs in the Cornwall area to live independently and with dignity.”

The $2.2 million project is sponsored by the Williamsburg Non-Profit Housing Corporation and received a total of $1.4 million under the Canada – Ontario Affordable Housing Program. The development will provide 20 units of affordable housing primarily for low-income seniors and people with special needs.

Federal and provincial allocations to the project will be complemented by more than $153,000 in local municipal financial incentives and $120,000 in land equity from the sponsor group.

“I am pleased that new federal and provincial funding for affordable housing has made these 20 townhouses a reality,” said Charles Barkley, Mayor of South Dundas Township. “I thank the Service Manager and Williamsburg Non-Profit Housing Corporation for all their work and dedication to help so many individuals benefit from this new housing service.”

“Williamsburg Non-Profit Housing Corporation is grateful to the Affordable Housing Program for the opportunity to build 20 townhouses, mainly for the elderly in Williamsburg Village,” said Trevor Trolley, President of Williamsburg Non-Profit Housing Corporation. “The Corporation is also grateful to the City of Cornwall as Service Manager, and would like to acknowledge the generous support of the Mayor and Council of South Dundas in this important undertaking.”

The Canada – Ontario Affordable Housing Program 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 20,000 households in Ontario.

For further information please contact:

For more information visit: www.mah.gov.on.ca

News source: Canada Mortgage and Housing Corporation (CMHC)