The Residences at St. Andrews, a new affordable housing development in Georgetown, has been opened by the Governments of Canada and Ontario and the Town of Halton Hills.
It is intended to provide affordable and safe housing to persons with special needs, and seniors.
The new housing development is located at 220 Sinclair Avenue, and is a 53-unit rental development, which contains 44 affordable housing units. The Canada-Ontario Affordable Housing Program Agreement has invested over $3 million. Municipal financial incentives of over $1.17 million have been provided to the project. The St. Andrew's United Church has donated lands valued at $1.27 million for the affordable housing project.
The celebration was attended by many dignitaries including The Honourable Michael Chong, Member of Parliament for Wellington-Halton Hills; Liz Sandals, Member of Provincial Parliament for Guelph; Gary Carr, the Halton Regional Chair and Rick Bonnette, Mayor of Halton Hills.
Chong represented the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), and Sandals represented the Honourable Kathleen Wynne, Ontario's Minister of Municipal Affairs and Housing.
This year, the Government of Canada will be investing over $2 billion in housing through the CMHC. Around 605,000 households that live in existing social housing units will receive $1.7 billion of the total amount. Around 237,750 households in Ontario form part of this investment. These investments will contribute to providing better life for low-income Canadians, Aboriginal people, persons with disabilities, seniors, homeless people and those at risk of becoming homeless.
Affordable housing is a part of Ontario's Poverty Reduction Strategy.
Source: http://www.cmhc.ca/