KENORA, ON, June 8, 2009

Canadian Funding Corporation – CFC – posts CMHC update. Mr. Greg Rickford, Member of Parliament for Kenora, joined with Naotkamegwanning First Nation and Chief Warren White to celebrate the grand opening of a new 10-unit seniors residence today, which was officially opened by Chief Warren White and will be home to more than 30 elders.

“The Government of Canada is committed to creating safe and affordable housing for Aboriginal people in Ontario and across the country.” said MP Rickford, 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). “This project provides area elders with access to safe, quality housing at an affordable cost.”

CMHC provided a housing loan of $1,064,000 to facilitate the construction of this seniors residence. CMHC will also provide housing subsidies for this project, which are estimated at $2.1 million over the term of the 25-year loan agreement.

“It’s been a long, prosperous journey and now we can express the wishes that our elders voiced years ago to develop a seniors residence in Naotkamegwanning First Nation,” said Chief White. “Through hard work, determination and negotiations with CMHC, it has become the greatest accomplishment for our community. We’re a community that believes dreams can become reality when we work very hard to achieve them.”

CMHC’s On-Reserve Non-Profit Housing Program assists First Nations in the purchase, construction, rehabilitation and administration of affordable on-reserve rental housing, and provides subsidies for First Nations people living on-reserve. The Government of Canada provides approximately $270 million in on-reserve funding each year to address housing need.

In April, the Government of Canada announced as part of Canada’s Economic Action Plan that it is providing $400 million in additional funding over the next two years to support on-reserve housing. These funds are dedicated to new social housing projects, the remediation of existing social housing and complementary housing activities through programming from CMHC and Indian and Northern Affairs Canada (INAC). This funding will also provide an economic stimulus for many First Nations and rural areas by creating jobs, developing skilled trades and supporting small businesses.

The Canadian Funding Corp reviews a report from the CMHC regarding its Health Housing Recognition Program. The goal of the program is to promote the construction of healthier housing, by means of awarding practitioners in the field for their efforts.

GUELPH, March 4, 2009 — Canada Mortgage and Housing Corporation (CMHC) honoured Terra View Homes today under the CMHC Healthy Housing™ Recognition Program for its efforts in building healthier homes.

“CMHC recognizes Terra View Homes for its dedication to building healthy, energy efficient homes that also incorporate design principles for seniors who plan to remain in their home for as long as possible,” said Peter Friedmann, Ontario General Manager, CMHC.

Terra View Homes integrate on-site renewable energy, rainwater harvesting and grey water recycling systems in their Guelph Rotary Green Dream Home, which is currently under construction. The home’s features include recycled building materials, locally-produced stone and brick, and improved indoor air quality through the use of zero emission products and superior ventilation. The barrier-free design can be adapted to meet changing occupant needs and reduces future renovation costs.

“The entire staff at Terra View Homes feel that this is the perfect opportunity to showcase a way of building a healthier, more energy efficient home, which will have positive health benefits while reducing the impact of construction on the environment,” said David Brix, Vice President, Terra View Homes.

Terra View Homes is based in Guelph, Ontario and builds award-winning homes in the Guelph, Waterloo, Kitchener and Cambridge areas. The company has completed more than 3,000 homes in the past 18 years. The company was recognized by CMHC on February 7 at the Guelph and District Home Builders’ Association Annual President’s Ball.

CMHC Healthy Housing™ Recognition Program honours builders and others in Ontario who put their knowledge of CMHC’s five Healthy Housing™ principles into practice. These five principles include: occupant health, energy efficiency, resource efficiency, environmental responsibility, and affordability. The program recognizes housing industry professionals who demonstrate their knowledge by building, renovating or designing a home that meets criteria under the principles.

According to the Canadian Funding Corp, the Canada Mortgage and Housing Corporation (CMHC) draws on more than 60 years of experience to help Canadians access a variety of quality, environmentally sustainable, and affordable homes — homes that will continue to create vibrant and healthy communities and cities across the country.