The opening ceremony of new rental housing units for low-income seniors was recently held in Bracebridge. Federal and provincial governments had earmarked $9.6 million for this project.
In Ontario, the construction of McVittie Place has generated approximately 200 jobs and will aid in meeting seniors’ housing requirements in the Bracebridge area.
Honourable Tony Clement, Member of Parliament for Parry Sound-Muskoka and President of the Treasury Board, stated that the government is making significant investments in low-cost housing projects in Bracebridge in order to generate jobs and enhance the quality of life for needy citizens. Seniors living on low income will be able to access affordable and safe housing through these initiatives.
Mario Sergio, Parliamentary Assistant to Ontario's Minister of Municipal Affairs and Housing, said that their government strives to deliver low-cost housing to deserving residents.
District Chair John Klinck expressed his delight over this latest housing development and said that the new affordable apartment building is situated between the Rotary Gardens and The Pines which happen to be a Long-Term Care facility. The building includes 80 units and features the Parlour, the Terrace and the Muskoka room.
Through CMHC, the Canadian Government will invest over $2 billion in housing projects this year. Out of this funding, $1.7 billion will be used to support nearly 605,000 households living in present social housing. In Ontario alone, there are approximately 237,750 households. Such investments are enhancing the quality of life for Canadians who are in the low-income bracket, persons who are homeless and disabled, seniors, immigrants and Aboriginal people.
Source: http://www.cmhc.ca./