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First Projects Approved For Renovation and Retrofit of Federally-Administered Social Housing

ID: 1487547
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(businesspress24) - EDMONTON, ALBERTA -- (Marketwired) -- 02/17/17 -- Organizations looking for financial support for renovations and retrofits of social housing now have funding to complete their work. More than 1,000 social housing units for seniors and low-income families and individuals will be repaired and upgraded through an investment of close to $12 million. The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and the Minister Responsible for Canada Mortgage and Housing Corporation (CMHC) made the announcement today in Edmonton.

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CMHC has been helping Canadians meet their housing needs for more than 70 years. As Canada''s authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to Canadian governments, consumers and the housing industry. Prudent risk management, strong corporate governance and transparency are cornerstones of CMHC''s operations. For more information, please call 1-800-668-2642, visit our or follow us on , , and .


"Our Government is investing in repairs and retrofits of social housing projects to improve the quality of life for those who need it most - low-income households, seniors, among others - and create good jobs that help grow Canada''s economy and Canada''s middle class in a clean and sustainable way. These investments are a transitional measure to address immediate and pressing problems in the short term while we take the time to develop new approaches for the future."

- The Honourable Jean-Yves Duclos, Minister of Children, Families and Social Development and Minister Responsible for CMHC

Renovation and Retrofit of Social Housing Funding Recipients

Emilie Gauduchon

Press Secretary
Office of Minister Duclos

Jonathan Rotondo
CMHC Media Relations

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published by: Marketwired
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Date: 02/17/2017 - 18:00
Language: English
News-ID 1487547
Character count: 2767
Firma: Canada Mortgage and Housing Corporation and Government of Canada
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