Transportation and Works
May 22, 2009The following is being
distributed at the request of Newfoundland Labrador Housing:
Affordable Housing in Newfoundland and
Labrador Gets a $93 Million Boost
The Government of Canada and the Government of
Newfoundland and Labrador are partnering on a joint investment to build
new and renovate existing affordable housing. This investment will help
create jobs, strengthen the economy, and improve the quality of life for
residents of Newfoundland and Labrador.
Both levels of government officially announced the
signing of an amendment to the Canada-Newfoundland and Labrador
Affordable Housing Program Agreement and an extension of the Housing
Renovation Program Agreement. Overall, the provincial contribution is
$50 million, while the federal government is contributing a further $43
million resulting in a joint investment of approximately $93 million
over the next two years.
The Honourable Ethel Cochrane, Senator for
Newfoundland and Labrador, on behalf of the Honourable Diane Finley,
Minister of Human Resources and Skills Development Canada and Minister
Responsible for Canada Mortgage and Housing Corporation (CMHC), along
with the Honourable Shawn Skinner, Minister of Innovation, Trade and
Rural Development and Minister Responsible for the Rural Secretariat for
Newfoundland, on behalf of the Honourable Trevor Taylor, Minister of
Transportation and Works, Responsible for Newfoundland Labrador Housing,
made the announcement today.
The Honourable Peter MacKay, Minister of National
Defence and Minister for the Atlantic Gateway, was unable to attend this
event but offered his congratulations on the signing of this joint
agreement today.
"The Government of Canada continues to work hard to
support Canadians during these challenging economic times and has moved
aggressively to ensure Canada�s Economic Action Plan is implemented
rapidly," said Senator Cochrane. "We are helping the most vulnerable,
including seniors and persons with disabilities, access suitable,
affordable housing, as well as making needed renovations to existing
social housing both in Newfoundland and Labrador and across Canada."
"The Government of Newfoundland and Labrador is
committed to building the necessary partnerships and investing in
programs and services that will enable us to continue providing
affordable housing for those most vulnerable," said Minister Skinner.
"In addition, this agreement will generate significant economic stimulus
for the retail and labour sectors of the housing industry, throughout
the Province."
Today�s announcement includes federal funding of
almost $29 million over two years under Canada�s Economic Action Plan as
part of a one-time investment of more than $2 billion to build new and
renovate existing social housing in Canada. The Province will also
contribute almost $29 million for these initiatives, over the next two
years.
"Our Government is committed to making affordable
housing available in Newfoundland and Labrador and today�s announcement
is good news for this province," said Minister MacKay. "This investment
will help create much needed jobs, strengthen the economy, and improve
the quality of life for Newfoundlanders and Labradorians."
"The agreements and economic action plans announced
today will support significant social housing programs and
infrastructure," said Minister Taylor. "It will also encourage
partnerships with private and non-profit sector groups; address the
housing needs of seniors and persons with disabilities and help people
live more independently."
These investments build upon the $1.9 billion
commitment for housing and homelessness programs announced by the
Government of Canada in September 2008, which extended the Affordable
Housing Initiative and the renovation programs for low-income households
for two years. Today�s announcement also includes a further combined
investment of almost $35 million by both levels of government for the
two-year extensions to build new affordable housing and assist
low-income households with needed renovations to their homes.
CMHC has been Canada�s national housing agency for
more than 60 years. CMHC is committed to helping Canadians access a wide
choice of quality, affordable homes and making vibrant and sustainable
communities and cities a reality across the country.
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.
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Media contacts:
David Salter
Director of Communications
Department of Transportation and Works
709-729-3015, 691-3577
davidsalter@gov.nl.ca
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Jenny Bowring
Communications Manager
Newfoundland Labrador Housing
709-724-3055
jmbowring@nlhc.nl.ca
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Michelle Bakos
Press Secretary, Office of Minister Finley
819-994-2482
michelle.bakos@hrsdc-rhdsc.gc.ca |
Kristen Scheel
Senior Media Relations Officer
Canada Mortgage and Housing Corporation
613-748-2799
Email:
kscheel@cmhc-schl.gc.ca |
Dawn L. Ring
Consultant-Communications and Marketing
Canada Mortgage and Housing Corporation
709-772-5973
dring@cmhc.ca
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BACKGROUNDER
The Government of Canada�s commitment to affordable
housing is significant.
Overall, Canada�s Economic Action Plan provides a
total of $7.8 billion to build quality housing, stimulate construction,
create jobs, encourage home ownership and enhance the energy efficiency
of Canadian homes. In the process, it will provide new and renovated
housing for more than 200,000 Canadian households.
Of the $7.8 billion, more than $2 billion is provided
through CMHC to build new and renovate existing social housing. This
will include:
$1 billion for social housing renovation;
$600 million for new housing and repairs to
existing social housing on-reserve and in the North broken down as
follows:
$400 million for on-reserve communities
$200 million for the North
$400 million for housing for low-income seniors;
and
$75 million for housing for people with
disabilities.
Most of this funding, $1.525 billion of the more than
$2 billion, is being delivered by provinces and territories through
amendments to existing agreements. Provinces and territories will design
and deliver these initiatives, as well as cost-match the federal
investment. As of today, Newfoundland and Labrador, Nova Scotia, British
Columbia, Saskatchewan, Prince Edward Island, Yukon, Northwest
Territories and Nunavut have signed amendments to the existing agreement
for the Affordable Housing Initiative (AHI).
The federal government will directly deliver the
remaining $550 million of this $2 billion
funding: $150 million for the renovation and retrofit
of social housing projects administered by Canada Mortgage and Housing
Corporation (CMHC), and $400 million in new construction and repair for
housing on-reserve through CMHC and Indian and Northern Affairs Canada.
In September 2008, the Government of Canada also
announced $1.9 billion over five years for housing and homelessness
programs for low-income Canadians. As part of this investment, the
Affordable Housing Initiative and the federal renovation programs for
low-income households were extended for two years. Today�s announcement
also includes a total investment of $35 million for these two-year
extensions.
Overall, for both the stimulus funding and extensions,
the federal contribution is $43 million, while the province is
contributing a further $50 million for the combined investment of $93
million.
As well, up to $2 billion in low-cost repayable loans
for housing-related infrastructure projects will be made available to
towns and cities across the country.
The Government of Canada, through CMHC, spends
approximately $1.7 billion annually to support almost 625,000 low- and
moderate-income households in existing social housing across Canada. In
Newfoundland and Labrador, the federal government provides $50.4 million
annually to support some 12,650 households.
2009 05 22
2:10 p.m.
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