News Release - January 27, 2010
HOUSING RENOVATIONS BENEFIT BALCARRES SENIORS
Seniors in Balcarres are enjoying an enhanced quality of life, following a $188,000 renovation of their building.
"The Government of Canada is proud to have contributed approximately $131,000 in funding for this project," said Andrew Scheer, Member of Parliament for Regina-Qu'Appelle on behalf of Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC). "These renovated apartments will provide quality, affordable housing for seniors and benefit the economic and social well-being of the Balcarres community."
"Repairing rental properties not only helps to build strong, healthy neighbourhoods but, most importantly, improves the quality of life for tenants in need of stable, quality, affordable housing," Last Mountain-Touchwood MLA Glen Hart said on behalf of Social Services Minister and Minister Responsible for Saskatchewan Housing Corporation Donna Harpauer. "Our government is committed to putting vulnerable people first in this province, and affordable housing is an important part of that."
Funding was provided by the Rental Residential Rehabilitation Assistance Program (Rental RRAP), which is cost-shared by the federal and provincial governments. Rental RRAP provided approximately $174,000 for the project (approximately $131,000 from the federal government, with about $43,000 from the province). An additional $14,000 in funding was provided by the provincial Saskatchewan Home Energy Improvement Program (SHEIP).
Rental RRAP provides financial assistance to rental property owners who provide affordable accommodation to low-income tenants and whose properties need major repairs.
The renovations to heating, electrical, structural and fire safety systems were completed by Balcarres and District Senior Housing Corporation. Located at 413 Lisgar Street, the project is an apartment building consisting of 14 one-bedroom suites.
In 2008, the Government of Canada committed more than $1.9 billion over 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 in new and existing social housing, plus up to $2 billion in loans to municipalities for housing-related infrastructure.
In Saskatchewan, the amendment to the Canada-Saskatchewan Affordable Housing Program Agreement, and the amendment to the renovation program agreement signed in May 2009, brought federal housing support of $84 million, while the province is contributing a further $77 million for the combined investment of more than $161 million.
More information on Canada's Economic Action Plan, the federal government's plan to stimulate the economy and protect those hit hardest by the global recession, can be found at www.actionplan.gc.ca.
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.
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