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November 8, 2005
New affordable housing facility opens downtown
  
Toronto Community Housing and Deep Quong Community Fund Inc., along with
dignitaries, guests and tenants officially opened its newest housing facility
at 2 Murray Street – Vance Latchford Place. Named after housing advocate Vance
Latchford, a former tenant and board member of Toronto Community Housing, this
renovated eight-storey building offers 86 units of transitional and affordable
housing for homeless and formerly homeless people in downtown Toronto.

This $4.5 million conversion project received $1.58 million from the Government
of Canada’s Supporting Communities Partnership Initiative, and 86 rent
supplements worth $577,000 per year from the Ontario Ministry of Municipal
Affairs and Housing. Both programs are administered by the City of Toronto. The
project also received $175,000 from the Mayor’s Homeless Initiative Reserve
Fund and a $1.25 million loan from The City of Toronto’s Capital Revolving Fund
for Affordable Housing, which will be repaid by Toronto Community Housing over
25 years. In addition, Toronto Community Housing contributed $890,000, Deep
Quong contributed $250,000, and Raising the Roof will contribute up to $75,000
over the next three years.

The Honourable Maria Minna, Member of Parliament for Beaches-East York, on
behalf of the Honourable Joe Fontana, Minister of Labour and Housing; the
Honourable John Gerretsen, Ontario Ministry of Municipal Affairs and Housing;
City of Toronto Mayor David Miller and Councillor Olivia Chow, Ward 20
Trinity-Spadina made the announcement today.

“The opening of the Vance Latchford Place is a big step forward towards
improving the lives of people who are homeless in Toronto,” said the Honourable
Maria Minna, Member of Parliament for Beaches-East York, on behalf of the
Honourable Joe Fontana, Minister of Labour and Housing. “The Government of
Canada is pleased to support a project that will provide their tenants with the
tools they need to thrive and prosper in the workplace and community – such as
safe and stable housing.”

“One of the McGuinty government’s fundamental goals is building stronger
communities by providing housing to those who need it most,” said Ontario’s
Minister of Municipal Affairs and Housing the Honourable John Gerretsen. “Our
Strong Communities Rent Supplement Program helps our most vulnerable Ontarians
obtain more stable accommodations. I am delighted that such a worthy project
like Vance Latchford Place can effectively use this program to combat
homelessness in our community.”

“Vance Latchford Place shows what can happen when governments and non-profit
organizations work together,” said City of Toronto Mayor David Miller. “I know
this facility will provide long-term benefit for many people who are homeless
or marginally housed.”

In addition to the federal, provincial and municipal contributions, The City
also waived development fees and charges and deferred property taxes on the 86
units for 20 years totaling $934,000.

“Toronto Community Housing is committed to investing in healthy
neighbourhoods," said Derek Ballantyne, CEO, Toronto Community Housing. "By
working with Deep Quong and government partners, we are providing affordable
and transitional homes for people in need.”

Toronto Community Housing is the largest social housing provider in Canada and
the second largest in North America. It is home to about 164,000 low and
moderate-income tenants in 58,000 households, including seniors, families,
singles, refugees, immigrants and people with special needs.

Deep Quong Community Fund Inc. is the legacy of Mr. Deep Quong, a private
citizen who was committed to helping people living on the streets access
affordable housing. His humanitarianism lives on through the Deep Quong
Community Fund who will manage Vance Latchford Place.

"It is truly inspiring to realize that this project has come to fruition
because of the hard work and commitment of ordinary citizens working creatively
with government,” said Reverend Max Woolaver, President of the Board for Deep
Quong Community Fund. “Our profound thanks are extended to the members of Deep
Quong’s board, Toronto Community Housing, the Mayor's office and the Government
of Canada’s Supporting Communities Partnership Initiative.”

The Government of Canada launched the National Homelessness Initiative (NHI) in
December 1999 to support communities’ efforts to help homeless persons and
those at risk of becoming homeless. As part of the NHI, the Supporting
Communities Partnership Initiative program, administered by partnering
municipalities, is continuing to make a difference by encouraging the
development of flexible, community-driven solutions to help alleviate
homelessness and support those who are at risk of homelessness.

Ontario’s Strong Communities Rent Supplement Program represents the government’
s commitment to building a strong and healthy Ontario. The Strong Communities
Rent Supplement Program offers up to $50 million per year to municipal service
managers to assist low-income households. This program empowers municipalities
to quickly supply funding in order to fulfill a fundamental necessity – to
provide housing to those in need.


Media Contact:

Catherine Kaye
Service Canada
416-954-7302

Sandra Vaughan
City of Toronto
416-397-4192

Cynthia Ross
Toronto Community Housing
416-981-4348

Nancy Farmer
Deep Quong Community Fund
416-340-7918

Brendan Agnew-Iler
Office of the Mayor
416-338-7119



 

 

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