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HomeNewsCanada Providing Funds For More Rental Housing For Families In Peterborough

Canada Providing Funds For More Rental Housing For Families In Peterborough

KAWARTHA LAKES-The premise is: Every Canadian deserves a safe and affordable place to call home. To that end, residents of Peterborough will soon have access to more stable rental housing options.

“Every Canadian deserves a safe and affordable place to call home. Today’s announcement will help create more rental units for Canadians, especially our most vulnerable. Homes that are accessible and energy-efficient represent our Government’s commitment to making sure the housing needs of local communities across this country, including right here in Peterborough, are met.” said The Honourable Ahmed Hussen, Minister of Families, Children and Social Development and Minister responsible Canada Mortgage and Housing Corporation (CMHC)

Today, the Honourable Maryam Monsef, Member of Parliament for Peterborough–Kawartha and the Minister for Women and Gender Equality and Minister of Rural Economic Development, on behalf of the Honourable Ahmed Hussen, Minister of Families, Children and Social Development and the Minister responsible for Canada Mortgage and Housing Corporation (CMHC), announced $14 million to help construct 46 residential units located at 3789 Water Street in Peterborough.

“Housing is a major part of the solution to many of our community’s greatest challenges – mental health, addiction, inequity.  Our Government understands this and is committed to doing our part to ensure all Canadians have a safe place to call home. We need innovative partners and solutions to address the housing needs in our community and projects like this one do just that.” The Honourable Maryam Monsef, Member of Parliament for Peterborough–Kawartha and Minister for Women and Gender Equality and Minister of Rural Economic Development stated.

The second phase of the 3789 Water Street development by Greenleaf/Cor-Plan is receiving financing through the Government of Canada’s Rental Construction Financing initiative (RCFi), a National Housing Strategy program delivered by CMHC that supports rental housing construction projects. The program encourages a stable supply of rental housing for middle-class families struggling in expensive housing markets.

Peterborough has a significant need for more safe and accessible housing. I would like to thank MP Monsef for her work to push this project forward, as well as CMHC and Kawartha Participation Projects for their commitment to providing secure, energy-efficient units that meet the needs of our community.” said Diane Therrien, Mayor of Peterborough.

The development includes a unique partnership with Kawartha Participation Projects (KPP), which provides services, supports and housing to people with physical disabilities living in Peterborough, Kawartha Lakes, Haliburton and Northumberland.

“This partnership is evidence of the ability of all sectors to come together and work toward the goal of providing appropriate quality housing. This project will not only provide suitable housing but will further Kawartha Participation Projects mission to increase the supply of accessible units and health care supports to people who would otherwise be housed in inappropriate housing or care facilities. People will receive the health care supports they need to live safely in their own homes in their own community.” added Katherine Blackwood, Director of Housing, Kawartha Participation Projects.

The building is designed to achieve energy-efficiency savings of 17% and reduction in greenhouse gas emissions of 21% relative to the 2015 National Energy Code of Buildings.

“We have utilized the best available construction materials and assemblies to achieve significant reductions in energy consumption and greenhouse gas emissions. As an added benefit, the same construction methods will meaningfully enhance personal comfort and soundproofing. Barrier-free access will be extended to the future commercial plaza, traffic signals with pedestrian crossing, and walkways and bike path all the way to Nassau Mills Road, assuming relevant agreements can be reached with the City.” explained Sheldon Rokin, President, Greenleaf/Cor-Plan

Construction is expected to commence in early 2021, and substantial completion expected by October 2022.

 

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Pamela Vanmeer
Pamela Vanmeerhttps://www.kawartha411.ca/
Pamela VanMeer is a two time winner of the prestigious Radio Television Digital News Association (RTDNA) Award. Her investigative reports on abuse in Long Term Care Homes garnered international attention for the issue and won the Ron Laidlaw Award. She is a former reporter and anchor at CHEX News, now Global Peterborough and helped launch the New CHEX Daily, a daily half hour talk show. While at CHCH News in Hamilton she covered some of the biggest news stories of the day.

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