OTTAWA — The federal government has announced $41 million in contributions and low-cost loans through the Affordable Housing Fund to help build and repair 3,304 affordable homes in eastern Ontario.
The announcement took place at 464 Metcalfe St. in Ottawa, which is operated by Centretown Citizens Ottawa Corporation. The corporation received $12 million in funding to support repairs for 1,200 units across Ottawa, stated a release.
The federal funding will help create a total of 86 new homes and repair 3,218 homes.
Other projects funded include Dunbar Apartment, Ottawa, $1,163,000; City of Cornwall Repair Portfolio, Cornwall, $2,030,334; County of Lanark Repair Portfolio, Lanark County, $1,490,000; Vankleek Senior Citizens Manor Expansion, Vankleek, $8,678,000; County of Renfrew Repair Portfolio, County of Renfrew, $5,000,000; Kawartha Lakes-Haliburton Housing Corporation Repair Portfolio, Kawartha Lakes-Haliburton, $5,000,000; County of Hastings Repair Portfolio, County of Hastings, $4,240,000; A Place Called Home, Kawartha Lakes, $1,349,000.
The Affordable Housing Fund provides funding through low-interest or forgivable loans or contributions to partnered organizations for new affordable housing and the renovation and repair of existing, affordable and community housing.
It’s a $13.2-billion program under the National Housing Strategy that gives priority to projects that help women and children fleeing family violence, seniors, Indigenous people, people living with disabilities, those with mental health or addiction issues and veterans.
Minister of Families, Children and Social Development Jenna Sudds stated, “The investments we’re announcing today will have real, tangible impacts here in our community and across Eastern Ontario, and help more Canadians find a safe and affordable place to call home.”
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