Released July 20, 2010
$197,000 for Renovation and Retrofits in Burin and Stephenville Regions
The Governments of Canada and Newfoundland and Labrador today announced that $197,000 in renovation and retrofit work on 31 Newfoundland Labrador Housing units in the Burin and Stephenville regional areas is making a significant difference to these homes.
The funding was made available through Canada’s Economic Action Plan, which is a federal plan to stimulate the economy and create jobs during the global recession. Overall, the Economic Action Plan includes $2 billion for new and existing social housing, plus up to $2 billion in loans to municipalities for housing-related infrastructure. The Federal and Provincial governments are contributing equally to this overall investment of $58 million under the amended Canada-Newfoundland and Labrador Affordable Housing Program Agreement.
The Government of Canada wants to improve the quality of existing social housing for low-income seniors, single-parent families, recent immigrants and Aboriginal households. Canada’s Economic Action Plan provides $850 million under the Affordable Housing Initiative to provinces and territories for the renovation and retrofit of existing social housing.
The funding is being used for the replacement of exterior components such as roofing, siding, windows and doors, and interior components such as flooring, drywall, doors, kitchen and bathroom cupboards, counters and fixtures such as tubs, sinks and showers. The investment will significantly extend the life of these structures.
As part of Budget 2010: The Right Investments – For Our Children and Our Future, the Provincial Government is investing $27 million for housing infrastructure projects, affordable housing and increased maintenance funding over the coming fiscal year. This renovation and retrofit work is also in keeping with the goals of the Provincial Government’s Social Housing Plan for Newfoundland and Labrador – Secure Foundations, which outlines a new long-term vision for social housing aimed at improving the housing circumstances of lower-income households and helping to create healthier communities. A copy of the social housing plan is available at www.nlhc.nl.ca/SocialHsingPlan/report.pdf.
The Honourable Peter MacKay, Minister of National Defence, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC); and the Honourable Tom Hedderson, Minister of Transportation and Works and Minister Responsible for the Newfoundland and Labrador Housing Corporation, made the announcement today.
"In its second year, our government’s Economic Action Plan is stimulating the economy and creating jobs during the global recession here in Newfoundland and Labrador and across Canada," said Minister MacKay. "Renovation projects like these are a good way to get the local economy moving and put construction workers and tradespeople to work quickly. Most importantly, they are giving a hand-up to those who need it most, by improving the quality of social housing."
"We are very pleased with the 1,600 units on which we have completed renovation work during this past year alone," said Minister Hedderson. "We are looking forward to seeing more progress during the remainder of this construction season and into 2011. This renovation and retrofit work in the Burin and West Coast regions of our province is increasing the life span of our existing housing portfolio and enabling us to move our housing agenda forward in line with the goals laid out in our provincial social housing plan."
Canada’s Economic Action Plan builds on the Government of Canada’s commitment in 2008 of more than $1.9 billion, over five years, to improve and build new affordable housing and help the homeless.
More information on this and other measures in Canada’s Economic Action Plan, the Federal Government’s plan to stimulate the economy and protect those hit hardest by the global recession, can be found at: www.actionplan.gc.ca.
To find out more about how the Government of Canada and CMHC are working to build stronger homes and communities for all Canadians, call CMHC at 1-800-668-2642 or visit www.cmhc.ca/housingactionplan.
NLH = NL Housing (Public)