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October 17, 2002
Affordable rental housing dedicated today in Toronto
  
Toronto Community and Neighbourhood Services -- Lieutenant Governor James
Bartleman joined host New Frontiers Aboriginal Residential Corporation at a
dedication and ribbon-cutting ceremony today to celebrate the completion of a
housing development in Toronto's east end. Amik, as the development is called,
will provide 74 units of much-needed affordable housing for over 100 low-income
seniors, singles, families and children. By Christmas, residents, many who have
been on waiting lists for social housing for years, will be moving into their
new homes.

"The Government of Canada is working closely with the Province of Ontario, City
of Toronto and other partners to bring quality, affordable housing to the
people of this city. Successes such as Amik's are key to developing strong
communities, not just here in Ontario, but throughout Canada," said the
Honourable Maria Minna, MP for Beaches-East York, on behalf of the Honourable
David Collenette, Minister of Transport and Minister responsible for Canada
Mortgage and Housing Corporation (CMHC). "The Government of Canada, through
CMHC is proud to be a part of these efforts, along with the National
Homelessness Initiative, which also provided support to this project through
the Supporting Communities Partnership Initiative (SCPI)."

"It is exciting to see the Federal and Provincial Governments and the City of
Toronto working together to assist community groups to provide housing," said
Councillor Sandra Bussin, Ward 32 Beaches-East York. "The Let's Build program
represents a way government, housing proponents and the community can
successfully work together. Congratulations to New Frontiers for their
leadership in providing real housing solutions for families and individuals in
need."

"Rent supplements will help make housing affordable for individuals in need,"
said the Honourable Tina Molinari, Associate Minister of Municipal Affairs and
Housing. "We believe that it is important to provide direct funding for people
to help pay their rent."

Amik has been integrated within the surrounding neighbourhood and includes a
park and daycare centre, and makes use of an existing historic warehouse as
part of the development. Residents will have easy access to transit, shopping
and schools.

Through the Let's Build program, the City of Toronto has provided $1,570,000 in
land, a $888,000 grant from Toronto's Capital Revolving Fund for construction,
a $91,000 loan to pay the Toronto Catholic District School Board development
charge, and has waived fees and charges valued at $166,000.

The Government of Canada contributed $942,000 through CMHC's Residential
Rehabilitation Assistance Programs ($150,000 under RRAP for Persons with
Disabilities and $792,000 under RRAP-Conversion).

CMHC, through the Canadian Centre for Public-Private Partnerships in Housing,
also provided an interest-free repayable proposal development loan of $75,000
to help New Frontiers with their upfront development expenses. In addition,
CMHC mortgage loan insurance assisted New Frontiers in obtaining financing of
close to six million dollars.

The National Homelessness Initiative (NHI) provided $46,928 in funding from the
Supporting Communities Partnership Initiative (SCPI), to provide outreach
services to potential Amik residents. The Government of Ontario, utilizing its
$50-million Homelessness Rent Supplement Program, will be providing
rent-geared-to-income supplements of up to $2.6 million over the next five
years. As well, the Province will provide a $148,000 PST rebate for building
materials.

All three levels of government have been innovative in assembling the resources
needed to help New Frontiers make this project happen.


Media Contact
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416-338-0338

 

 

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