04/14/2003

Toronto, Ont., April 14, 2003 – The Hon. David Young, Minister of Municipal Affairs and Housing, announced the release of a Community Rental Housing pilot program.

Approximately 2000 units will receive a portion of the Canada Mortgage and Housing Corporation (CMHC) funding of up to $25,000 per unit with matching funds to be provided by municipalities and up to $2,000 by the province.  

“Being open to new ideas can get things done,” said Ken Boshcoff, President of the Association of Municipalities of Ontario.  “In about four weeks, our idea has gone from discussion to decision and we are pleased Minister Young moved quickly on it.  Working together, governments can make a difference and this pilot project initiative will see affordable units in high need areas delivered faster under the Affordable Housing Program.  This is a good sign of renewed federal, provincial and municipal cooperation on housing matters.”

The Pilot Project funding will be only for a portion of the $248 million Community Rental Housing funding. It will be allocated through a transparent, competitive process guided by the Municipal Act, 2002, that would expedite construction starts in the 12 high need service areas.  

We are pleased to see that the Provincial government is working with municipalities to expedite the provision of affordable housing in Ontario communities.  We look forward to working with the Province to realize the development of the remaining units under this program.

The Association of Municipalities of Ontario (AMO) is a non-profit organization with member municipalities representing 98 per cent of Ontario’s population.  AMO supports and enhances strong and effective municipal government in Ontario and promotes the value of municipal government as a vital and essential component of Ontario and Canada’s political system.

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