PEEL, Ontario, April 15, 2005 — The Government of Canada, the Government of Ontario, and the Region of Peel today celebrated the official opening of Summerville Pines, a project that creates 136 units of affordable housing in Mississauga under the Canada/Ontario Affordable Housing Program.
The Honourable Albina Guarnieri, Member of Parliament for Mississauga East, on behalf of the Honourable Joe Fontana, Minister of Labour and Housing, Mississauga East MPP Peter Fonseca, on behalf of Ontario Minister of Public Infrastructure Renewal David Caplan, and Peel Regional Chair Emil Kolb attended the ceremony.
"Quality, affordable housing is a vision the Government of Canada shares with our other partners for the people of this province," said Minister Guarnieri. "Housing projects such as Summerville Pines in Mississauga will help us ensure that our lower-income seniors continue to lead active and independent lives."
"This government is committed to working with its partners to address the shortage of affordable housing for lower-income residents in Ontario," said Fonseca. "The Summerville Pines project represents a significant achievement: the creation of 136 units of much-needed new and affordable housing for seniors in Mississauga."
The $14-million project, including $1 million in funding from the Canada/Ontario Affordable Housing Program, provides 136 apartments at 1749 Dundas Street East in Mississauga. Sponsored by the Region of Peel, the units will accommodate seniors with lower incomes.
"Peel highly values its partnership with the Government of Canada and the Province of Ontario to help us address a serious shortage of affordable housing," said Emil Kolb, Chair of the Region of Peel. "By working together, we can make a bigger impact on the lives of many more households. The community stability that adequate affordable housing creates also impacts favourably on our tax base today and in the long run."
The federal and provincial funding is complemented by more than $480,000 in municipal financial incentives and a further contribution of land in the amount of $456,000.
In Peel Region, the Government of Canada, through Canada Mortgage and Housing Corporation (CMHC), has provided over $4.7 million under the Canada-Ontario Affordable Housing Program Agreement.
The pilot project is part of a five-year commitment that will create affordable housing units in Ontario. This partnership combines Government of Canada funding of $245 million with matching contributions of the Government of Ontario, municipalities and other non-profit partners.
For further information please contact:
Office of Minister Fontana
Office of Minister Caplan
Region of Peel
(905) 791-7800 ext. 4690
Canada Mortgage and Housing Corporation
For more information visit: www.mah.gov.on.ca