Prince George Métis Housing Society has purchased 1224 Houston Lane with the assistance of the Province.

The society assumed ownership of 1224 Houston Lane late Friday, Feb. 19. The property, which has an appraised value of $380,000, is a split-level triplex suitable for residential and commercial use. It was purchased for $365,000.

The Province is providing the mortgage financing to cover the purchase of the property. The society’s current lease payments will be converted into a mortgage, which will cover the principal and interest costs.

Purchasing the property provides Prince George Métis Housing Society with a measure of stability and financial security for moving forward. This enables the society to focus on supporting their tenants in the best way possible, as they build partnerships with the community and seek new ways to continue providing safe, affordable housing for Aboriginal people.

Prince George Métis Housing Society operates 13 housing developments with 167 housing units. A new board of directors was established last fall. The Province is working with the society to ensure tenants have appropriate accommodation, and that governance policies and procedures exist to ensure the society is accountable to tenants and the community.

Canadian Funding Corp, August, 2009 – The Cornwall and Area Housing Corporation building at Augustus Court will receive $316,300 — part of a notional allocation of more than $4.8 million to the City of Cornwall to repair and retrofit existing local social housing units.

The funding was made available as a result of a $1.2 billion joint investment under the amended Canada – Ontario Affordable Housing Program Agreement, which includes funding through Canada’s Economic Action Plan and by the Government of Ontario. The federal and provincial governments are contributing equally to this overall investment.

Guy Lauzon, Parliamentary Secretary to the Minister of Agriculture and Agri-Food and for the Minister for the Federal Economic Development Initiative for Northern Ontario and Member of Parliament for Stormont – Dundas – South Glengarry, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development Canada and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC); andJim Brownell, Member of Provincial Parliament for Stormont – Dundas – South Glengarry, on behalf of the Honourable Jim Watson, Ontario Minister of Municipal Affairs and Housing, made the announcement today at the housing site.

“Renovation and retrofit projects, like this one, will improve the quality of life for residents by keeping their homes safe and affordable,” said MP Lauzon. “It is also a good way to get the local economy moving because it puts construction workers and trades people to work quickly and most of the materials and supplies are made in Canada.”

“These repairs are another step towards improving social housing in Cornwall,” said MPP Brownell. “This new funding will help ensure that people living in social housing have a safe and reliable place to live. Ontarians deserve nothing less.”

Ontario is moving quickly to invest a total of $704 million to repair eligible social housing across the province. In an effort to get shovels in the ground quickly, projects must be committed by the end of the fiscal years 2010 and 2011.

The funding will help improve the quality of life for residents living in social housing communities. Funding will be used to renovate and make energy-saving upgrades to existing social housing as well as to undertake accessibility modifications for the benefit of seniors and persons with disabilities.  It will also create jobs and strengthen local economies. To find out more about affordable housing in Ontario, visit www.mah.gov.on.ca.

Last fall, the Government of Canada committed more than $1.9 billion over the next five years to improve and build new affordable housing and to help the homeless. Canada’s Economic Action Plan builds on this with an additional one-time investment of more than $2 billion over two years in new and existing social housing and lending of up to another $2 billion to municipalities for housing-related infrastructure.

Last month, the Government of Canada and the Province of Ontario, announced a series of investments of more than $70 million to fund 36 construction-ready projects throughout the province under the amended Canada – Ontario Affordable Housing Program Agreement.

Social and Supportive Housing Video provided by Moishe Alexander

This Strike is hurting the local small business owner’s that are the backbone of communities like Bloor West Village; The Danforth, Kensington Market, Lake Shore Humber Bay.

Someone needs to stand up and ask these children [politicians] to solve the issues in a business like fashion and let the youth of Toronto have their Parks and Recreation Centers opened. With the warmer weather approaching there will be no wading pools open at all to escape the summer heat.

The world is watching our City thru the CNN Newscasts that talk about Toronto not being a great place to visit and the lack of Ferry Service and other City worker related issues that have an impact on the enjoyment and visitation on vacation for evens like Caribana.

People worked very hard to get these events promoted and attended only to have the garbage strike take the focus away.

We cannot make up for lost tourist dollars in October and November.

http://eleganthomesinwesttoronto.blogspot.com/2009/07/garbage-strike-continues-to-hurt-local.html

reviewed by Moishe Alexander, CFC Canadian Funding Corp CEO