FOR IMMEDIATE RELEASE
MAY 20, 2021
CANADA SUPPORTS RAPID HOUSING PROJECTS IN HOPEDALE
Hopedale, Nunatsiavut, NL - Every Canadian deserves a safe and affordable place to call home. The COVID-19 crisis has made it clear that affordable housing is key to Canada’s recovery, as communities across the country, including Hopedale are dealing with the devastating impacts of rising levels of homelessness and housing need.
Today, Yvonne Jones, Member of Parliament for Labrador on behalf of the Honourable Ahmed Hussen, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), announced more than $5.9 million to support the construction of 20 permanent affordable housing units for individuals and families in Hopedale through the Project Stream under the Rapid Housing Initiative.
Delivered by CMHC, under the National Housing Strategy (NHS), RHI provides capital contributions to develop new, permanent affordable housing by covering costs associated with modular multi-unit rental construction; conversion of non-residential to affordable multi-residential homes; and, rehabilitation of buildings in disrepair and/or abandoned to affordable multi-residential homes. Investments made under the RHI are expected to support thousands of construction-related jobs for Canadians from coast to coast to coast.
Quotes:
“Our Government wants to ensure that every Canadian has a safe and affordable place to call home. The Rapid Housing Initiative will go a long way to supporting those who need it most by quickly providing 20 new affordable housing units to vulnerable individuals and families in Newfoundland and Labrador to keep them safe. This is one of the ways our Government’s National Housing Strategy continues to provide housing for Canadians from coast to coast to coast.” – The Honourable Ahmed Hussen, Minister of Families, Children and Social Development and Minister responsible for Canada Mortgage and Housing Corporation
“With this investment, more safe and affordable housing is available to residents in Hopedale. In partnership with the Nunatsiavut Government, this significant investment of over $5.9 million will drastically change the well-being of those in Hopedale. We will continue to support housing projects that ensure every Canadian has access to a safe, affordable place to call home.” – Yvonne Jones, Member of Parliament, Labrador
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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 all levels of Canadian government, consumers and the housing industry. CMHC’s aim is that by 2030, everyone in Canada has a home they can afford, and that meets their needs. For more information, follow us on Twitter, Instagram, YouTube, LinkedIn and Facebook.
Media contacts:
Mikaela Harrison
Press Secretary
Office of the Minister of Families, Children and Social Development
Leonard Catling
Media Relations
Canada Mortgage and Housing Corporation
Michael Clarke
Communications Assistant
Office of MP Yvonne Jones