Montréal, Quebec, August 1, 2017 – Thanks to the federal government, three housing co-operatives in Verdun will receive over $414,000 for repairs and renovations. Investing in the renovation and repair of affordable housing projects in Verdun will help improve the overall well-being of families and the community.
David Lametti, Member of Parliament for LaSalle–Émard–Verdun, on behalf of the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and the Minister Responsible for Canada Mortgage and Housing Corporation (CMHC) made the announcement today.
Each project requires various renovations and updates. Here are the three social housing projects:
- The Coopérative d’habitation La cinquième saison de Verdun will receive $47,829.
- The Coopérative d’habitation Les Beaux Jours de Verdun will receive $153,324.
- The Coopérative d’habitation Rayons d’espoir will receive $213,628.
“Our government is investing in repairs and improvements of social housing projects, such as the La cinquième Saison, les Rayons d’espoir and Les Beaux Jours de Verdun housing co-operatives. This work will help maintain safe and stable housing for the people in our community who need it most.”David LamettiMember of Parliament for LaSalle — Émard — Verdun
- Budget 2016 provided close to $574 million over two years, starting in 2016-2017, through the 2016-2018 Social Infrastructure Fund, to support repairs and energy and water retrofits and renovation of existing social housing units. The majority of this funding is flowing through the provinces and territories.
- Of this funding, $77.6 million over two years is provided to social housing units directly administered by CMHC.
- A federal contribution of close to $12 million was made under the Reno/Retro initiative for social housing, administered by CMHC.
- The funding will support general repairs as well as renovations required for the health and safety of residents, and to address accessibility, vacancies as well as water and energy consumption.
- CMHC has been helping Canadians meet their housing needs for more than 70 years. As Canada’s authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to Canadian governments, consumers and the housing industry. Prudent risk management, strong corporate governance and transparency are cornerstones of CMHC’s operations. For more information, please call 1-800-668-2642, visit our website or follow us on Twitter, YouTube, LinkedIn and Facebook.
Information on this release:
Émilie Gauduchon Press Secretary Office of Minister Duclos 819-654-5546 email@example.com
Monique LaPlante Public Relations Canada Mortgage and Housing Corporation 514-283-3679 firstname.lastname@example.org Alicia Castelli Senior Advisor Office of MP David Lametti 514-363-0954 email@example.com