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Released September 27, 2005

Froude Avenue properties retrofitted through
Affordable Housing Program

John Efford, Member of Parliament for Avalon, on behalf of Joe Fontana, Minister of Labour and Housing along with Joan Burke, provincial Minister of Human Resources, Labour and Employment and Minister Responsible for Newfoundland and Labrador Housing Corporation, (NLHC) today announced a major retrofit for NLHC-owned St. John’s property.

Approximately $400,000 is going to be spent to convert a vacant building on Froude Avenue from eight three-bedroom units into eight energy-efficient two-bedroom units. Four of these units will be accessible. Funding of $320,000 will be provided under the Canada-Newfoundland Affordable Housing Agreement. The rest of the funding, $80,000, will be provincially funded through Newfoundland and Labrador Housing Corporation’s modernization and improvement budget for 2005-2006.

“The Government of Canada is committed to increasing affordable housing options for those most in need throughout the country,” said MP Efford. “This project is an excellent example of what can be accomplished when we work together. We’re pleased to partner with the provincial government to help create more functional, safe and affordable housing that will benefit many people in the community for years to come.”

“It is critical that NLHC respond to the unique and changing needs of our clients. Under the Affordable Housing Partnership, we will continue to strive to be flexible and creative to provide units better suited to our clients’ needs,” said Minister Burke.

The retro-fitted building will have four fully accessible two-bedroom units on the ground floor. The upper floor will be converted to four, two-bedroom dwellings, which will address a need for smaller-sized units as indicated by current family demographics. All the units will be electrically heated, and equipped with individual laundry and storage space. NLHC will review every opportunity to promote the most energy efficient reconstruction of this property. Project planning and design is now underway and construction is anticipated to be completed in 2006.

For further information contact:

Jenny Bowing, NLHC, (709) 724-3055
Todd Selby, CMHC-SCHL, (902) 426-8127
E-mail:  releases@nlhc.nf.ca

Backgrounder
Affordable Housing Program Agreement Summary

Objectives:

  • to increase the supply of off-reserve affordable housing in Newfoundland and Labrador; the housing must be affordable for at least 10 years.
Programs:

Funding under this agreement will be used to:

  • stimulate the production of new rental affordable housing and the rehabilitation of severely deteriorated existing rental affordable housing for low-to-moderate-income households;
  • create new affordable ownership housing and to rehabilitate severely deteriorated existing affordable ownership housing for low-to-moderate-income households in Labrador .
Administration:
  • the program(s) will be administered by the Newfoundland and Labrador Housing Corporation (NLHC);
  • NLHC is responsible for the selection of affordable housing projects.


Financial Provisions:

  • Maximum CMHC funding under the agreement is $15.14 million to be matched by the Province of Newfoundland and Labrador, municipalities and others;
  • Overall average CMHC funding will not exceed $25,000 per unit;
  • $5.0 million in federal funding is allocated to remote areas (Labrador).