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Moishe Alexander celebrates with the Government of Canada, the Government of Ontario, and the Region of Peel the grand opening of 30 affordable rental units. The project is supported by $4.2 million in funding through the Canada – Ontario Affordable Housing Program.

Bruce Stanton, Member of Parliament for Simcoe-North, 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 Vic Dhillon, Member of Provincial Parliament for Brampton West, on behalf of Jim Bradley, Ontario’s Minister of Municipal Affairs and Housing, along with Emil Kolb, Chair, Region of Peel made the announcement.

“Our government is dedicated to giving a hand-up to those who need it most through these tough economic times” said MP Stanton. “Through projects like this, our government is providing safe, affordable housing to many residents in our community while creating jobs and stimulating our economy.”

“The province is committed to helping people with special needs living on lower or fixed incomes stay in their home communities,” said MPP Vic Dhillon. “These 30 new affordable rental units are going to make a positive difference in the lives of these individuals. The construction is also part of our Open Ontario plan to create jobs and economic opportunities in the Peel region.”

“The Region of Peel is pleased to celebrate the opening of Nance Horwood Place with our federal and provincial partners and the new residents,” said Chair Emil Kolb, Region of Peel. “We are proud to have also partnered with Supportive Housing in Peel which provides on-site programs and services for residents in a supportive community environment.”

Brampton Housing – video presented for blog by Moishe Alexander

Nance Horwood Place, a 30 unit project located at 529 Main Street North in Brampton received $4.2 million through the Canada – Ontario Affordable Housing Program. The building will be occupied by seniors with special needs. The federal and provincial funding is complemented by $2.1 million from Regional housing development reserves.

“Supportive Housing In Peel, in partnership with the Region of Peel, is pleased to celebrate the opening of Nance Horwood Place,” said Laurie Ridler, CEO of SHIP. “This building creates increased housing for older adults and an exceptional opportunity for services to the tenants of these independent-living apartments that extends to the campus of care and reaches into the community of Brampton.”

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 for new and existing social housing, plus up to $2 billion in loans 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.