2010-04-01 / Local News

Housing co-op gets $187,000 federal grant

The federal government has announced a $187,000 grant for an Orangeville housing co-operative.

The grant to Shaw’s Creek Co-operative Homes Inc. from Canada Mortgage and Housing Corporation (CMHC) was announced by Dufferin- Caledon MP David Tilson on behalf of Diane Finley, who is responsible for CMHC as federal Human Resources and Skills Development Minister.

“Through Canada’s Economic Action Plan, our government is taking action to help ensure our economic recovery and create the conditions for long-term growth,” said Mr. Tilson.

“Funding renovation and retrofit projects, like this one, will not only improve the quality of life of its residents by keeping their homes safe and affordable, but it will also help stimulate the local economy and create local jobs.”

The grant is under a $1 program for social housing renovation and retrofit, of which $850 million is being delivered by provinces and territories on a cost-matched basis for existing federally assisted social housing projects which they administer on behalf of the partnership. The remaining $150 million is being delivered by CMHC for existing federally assisted off-reserve housing which it directly administers. Eligible repairs include general improvements, energy efficiency upgrades or conversions, and modifications in support of persons with disabilities.

“We are delighted that our co-operative will benefit from the federal government’s renovation and retrofit initiative delivered by CMHC,” said Robert Dicks, Vice-President of Shaw’s Creek Co-operative Homes Inc. “Not only will this funding make our co-op more energy efficient, but it will ensure that the homes at Shaw’s Creek Co-operative Homes Inc. are available to meet the needs of future generations.”

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