Reena Community Residence, an affordable housing project comprising 60 units in Vaughan, has been officially opened by the delegates of the Government of Canada, the Government of Ontario and The Regional Municipality of York.
The affordable housing project is financially backed by a federal and provincial funding valued at $4.2 million via the Canada-Ontario Affordable Housing Program. The Ministry of Community and Social Services has also granted $2.6 million to the project. Moreover, The Regional Municipality of York has complemented the federal and provincial funding with $.1.1 million in financial incentives.
Reena, a non-profit social service agency, helps developmentally disabled individuals to actively participate in the community. Besides providing residential supports, the non-profit agency offers educational and recreational programs in addition to support programs to improve work skills and the quality of life of developmentally disabled people.
In 2012, the Government of Canada will make more than $2 billion investments in housing development through Canada Mortgage and Housing. From this investment, $1.7 billion will be utilized for the development of roughly 605,000 households that reside in existing social housing, of which around 237,750 households are living in Ontario alone. These investments are to enhance the life quality of low-income Canadians and people residing in existing social housing such as Aboriginal people, recent immigrants, individuals with disabilities, and persons who are homeless or facing the risk of homelessness.
The Ontario government continues to repair existing housing and develop new affordable housing for residents who require housing. It has spent approximately $183 million for the development of new rental housing for people with disabilities and low-income seniors since 2009. Its total investment of more than $2.5 billion has been utilized to build and repair over 270,000 housing units and provide 35,000 rent supplements for fixed-income households.
Source: http://www.ontario.ca