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:
Director of Communications
Office of Minister Fontana
|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|
|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.|
|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||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||CANES Home Support Services|
|Toronto||The Toronto Commons Group (TCG)|
|Toronto||Dufferin Street Baptist Church|
|Toronto||Na-Me-Res (Native Men's Residence)|
|Toronto||PACE Independent Living|
|Toronto||Malta Heritage Centre Inc.|
|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|