Transportation and Works
June 8, 2009
The following is being distributed at the request of Newfoundland
Labrador Housing:
Request for Affordable Housing Proposals Issued
Newfoundland Labrador Housing has issued a Request for Proposals for the
development and operation of affordable rental housing throughout the
province.
Approximately $26 million will be available for the Affordable Housing
Initiative, through the recently signed Canada-Newfoundland and Labrador
Affordable Housing Agreement and the Government of Canada'
s 2009
Economic Action Plan.
"This joint federal-provincial investment will enable private and
non-profit groups the opportunity to build new, affordable rental
housing throughout the province," said the Honourable Trevor Taylor,
Minister of Transportation and Works and Minister Responsible for
Newfoundland Labrador Housing.
"The focus of the Affordable Housing Program is low-income seniors,
persons with disabilities and supportive rental housing."
It is anticipated that more than 300 units can be provided throughout
Newfoundland and Labrador, under the private sector, community-based and
supportive housing components. Proponents may be eligible for capital
assistance in the form of a forgivable loan. The private sector may
avail of $35,000 per unit on the island, and $50,000 per unit in
Labrador. Non-profit proponents will be able to avail of $125,000 per
unit on the island, and $150,000 per unit in Labrador, to create new
rental units.
Potential proponents are reminded that the deadline for submissions has
been extended to June 22, 2009.
Under the Canada-Newfoundland and Labrador Affordable Housing Agreement
and the Government of Canada'
s 2009 Economic Action Plan, the overall
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.
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Media contacts:
David Salter
Director of Communications
Transportation and Works
709-729-3015, 691-3577
davidsalter@gov.nl.ca |
Jenny Bowring
Communications Manager
Newfoundland Labrador Housing
709-724-3055
jmbowring@nlhc.nl.ca |
2009 06 08
2:30 p.m.