LONDON – The Government of Canada, the Government of Ontario, and the City of London today celebrated the opening of 30 new affordable rental units. This project is supported by almost $2 million in funding through the Canada-Ontario Affordable Housing Program.
Joe Preston, Member of Parliament for Elgin-Middlesex-London, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development Canada, and Minister Responsible for Canada Mortgage and Housing Corporation; Deb Matthews, Member of Provincial Parliament for London North Centre and Minister of Children and Youth Services, on behalf of the Honourable Jim Watson, Minister of Municipal Affairs and Housing; Mayor Anne Marie DeCicco-Best of the City of London; and Vic Morris, President of LIFT Non-profit Housing Corporation attended the ceremony.
“I’m pleased by the progress being made with our partners in London,” said MP Joe Preston. “These new apartments will provide more rental options for persons in need of suitable, affordable housing, and are important to the economic and social well-being of the London community.”
“Access to safe, affordable housing is vitally important to the economic and social well-being of Ontario’s communities,” said Minister Matthews. “The LIFT King Street Apartments will make a positive difference in the lives of the people who will call them home.”
Today’s announcement recognized the official opening of LIFT King Street Apartments a 30-unit complex sponsored by the LIFT Non-Profit Housing Corporation. The $3.25 million project received $1.93 million under the Canada-Ontario Affordable Housing Program. The units will be occupied by individuals with special needs.
The federal and provincial allocations to the project were complemented by over $370,000 in municipal financial incentives.
“This is an extremely important day for London, as we celebrate another collaborative step in our community’s fight against homelessness,” said Mayor DeCicco-Best. “Working together with other levels of government is the most effective way to address Canada’s growing need for more affordable housing, and in doing so, we are able to improve living conditions for the most vulnerable citizens in our community, and across the country.”
“The Council of LIFT Non-Profit Housing Corporation seeks to provide safe affordable housing for disadvantaged persons in the core area of London as a key component of meeting the social needs of the community,” said Mr. Morris. “446 King Street is another major step forward in accomplishing our goal.”
The Canada – Ontario Affordable Housing Program comprises a commitment of $301 million from each of the two senior levels of government. In total, the federal, provincial and municipal governments will invest at least $734 million in the program, which will provide affordable housing for up to 20,000 households in Ontario.
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