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75 Affordable Housing Proposals in Ontario Get Early Stage Funding

Housing Minister Announces Seed Funding Recipients

LONDON, Ontario, March 15, 2005 — A total of 75 community-based organizations and developers in Ontario will receive up to $20,000 each to develop affordable housing project proposals under Canada Mortgage and Housing Corporation's (CMHC) Seed Funding initiative.

The Honourable Joe Fontana, Minister of Labour and Housing, made the announcement today, saying the selected applicants in Ontario are among 204 housing proponents selected from across Canada. The selection was made following a call for applications issued in November 2004, which resulted in 428 proposals being submitted from across Canada.

"With the Seed Funding initiative, the federal government is helping local organizations to develop housing solutions that meet the needs of their community," said Minister Fontana. "The large response received from community groups and leaders across Canada, demonstrates how Canadians want to be involved in their housing solutions."

Seed Funding offers financial assistance to groups and individuals for predevelopment work on proposed housing projects that will be affordable, innovative, community-based, or any combination of these characteristics. Priority was given to proposals that addressed affordable housing needs in their community. CMHC financial assistance is in the form of a grant of up to $10,000 and an interest-free loan of up to $10,000.

Seed Funding recipients will use the money to pay for a variety of preliminary activities, including studies to evaluate need and demand for the proposed project, development of a business plan and preliminary design work.

Once the initial viability of the proposed housing project has been established, proponents may be eligible for other supports to turn their housing proposals into homes. These can include CMHC's interest-free proposal development loans, mortgage loan insurance to facilitate financing, and/or Federal-Provincial or Federal-Territorial Affordable Housing funds.

Where a training need is identified, CMHC's capacity development initiative assists Seed Funding recipients to acquire the information and skills they need to organize themselves and obtain a general understanding of the housing development process and property management requirements.

In evaluating the applications for Seed Funding, CMHC looked at the clarity of the proponent's objectives, compatibility with program criteria, ability of applicants to carry out the proposed activities, the need for Seed Funding, and evidence of community support.

"For recipients, Seed Funding is a critical investment of financial support needed to build the capacity of community groups to find local solutions to housing challenges, to help each group to make their affordable housing idea a reality," added Minister Fontana.

Canada Mortgage and Housing Corporation (CMHC) is Canada's national housing agency. For over 55 years, CMHC has been contributing to improving the living conditions and the well-being of Canadians through four areas of housing activities - housing finance, assisted housing, research and information transfer, and export promotion. CMHC is committed to helping Canadians access a wide choice of quality, affordable homes, and making vibrant and sustainable communities a reality across the country.

The list of Seed Funding recipients for Ontario is below.

For further information, please contact:

Brett Barnes
(416) 250-3288

Kathryn Campbell
(416) 218-3341

Peter Graham
Director of Communications
Office of Minister Fontana
(819) 953-5646

2005 Ontario Seed Funding Recipients

Ajax Ajax Municipal Housing Corporation
Ajax Tall Treed Investment Corporation
Almonte Mills Community Support Corporation
Angus Angus Legion Gardens Senior Citizens Complex
Barrie Maplewood Place Apartment Limited
Brampton Habitat for Humanity
Brantford DM Developments Inc.
Brantford Multani Custom Homes Ltd.
Brockville Marguerita Residence Corp.
Burlington Affordable Housing Halton
Caledon Abbeyfield Houses Society of Caledon
Cambridge Royal Canadian Legion Branch 272
Cambridge The Grand House Student Cooperative
Cornwall Lafontaine Lodge Ltd. (Parisien Manor)
Etobicoke Lakeshore Area Multi-Service Project (LAMP) Inc.
Fraserville The Land Tenants Association of Evergreen Acres Residential Park
Guelph The Social Justice Committee - Dublin Street United Church
Guelph Central Student Association (CSA) and Guelph Campus Co-op
Halton Regenesis
Hamilton The Astra Society of Hamilton and District
Hamilton Family Services Hamilton
Hamilton Coalition of Citizens Concerned About Long Term Care (Freedom House)
Hamilton Good Sheppard Centre Hamilton
Keswick Keswick United Church
Kincardine Women's House of Bruce County
Kingston Kingston & Frontenac Housing Corporation
Kitchener Green Valley Tower Co-Tenancy
Kitchener M & S Solomon Family Holdings Ltd.
Kitchener Heartwood Place
London Eastern Passage Properties Inc.
London Old East Village Business Improvement Area (BIA)
London Peter Stavrou - 1510504 Ontario Limited
London Larry Holmes & Michael Holmes
London Mokhtar Abou Basha & Dean Elkholy
London London Innercity Faith Team (LIFT)
London Street Connection
London Robert Solomon and Larry Holmes
London Italian Seniors Project
Ottawa Centretown Affordable Housing Development Corporation
Ottawa Nepean Housing Corporation
Ottawa Ottawa Salus Corporation
Ottawa Sandy Hill Housing Co-op (SHHC)
Ottawa Developmental Services Network of Agencies of Ottawa
Ottawa Personal Choice Independent Living
Markham Pathways For Children And Youth, And Families of York Region, Inc.
Monetville Monetville Community Seniors Housing Association
North Bay Core Homeless Association
Opasatika Équipe de Développement Économique Régionale d'Opasatika
Parry Sound Affordable Housing Now for Parry Sound
Penetanguishene North Simcoe Emergency/Transitional Residential Projects
Peterborough Youth Emergency Shelter of Peterborough
Scarborough Scarborough Support Services for the Elderly Inc.
Seeley's Bay Seeleys Bay/Lyndhurst & Area Seniors Non-Profit Residence Corporation
Stratford Performing Arts Lodge Stratford Inc.
Thunder Bay Northern Linkage Community Housing & Support Services
Toronto San Lorenzo Church
Toronto Fred Victor Centre
Toronto LCBTQ People of Colour & Friends Cohousing Initiative
Toronto Gladstone Tire Distributors Limited
Toronto Nishnawbe Homes Inc.
Toronto Danforth Baptist Church
Toronto Dixon Hall
Toronto CANES Home Support Services
Toronto The Toronto Commons Group (TCG)
Toronto Fania Klaczkowski
Toronto Dufferin Street Baptist Church
Toronto Na-Me-Res (Native Men's Residence)
Toronto PACE Independent Living
Toronto Malta Heritage Centre Inc.
Toronto Marsh Homes
Toronto St. Clare's Multifaith Housing Society
Toronto St. Clare's Multifaith Housing Society
Toronto West Toronto Support Services for Senior Citizens and the Disabled
Unionville MICAH - Markham Interchurch Committee for Affordable Housing
Windsor Delrose Developments

News source: Canada Mortgage and Housing Corporation (CMHC)


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