Canada NewsWire
LEDUC, AB, Dec. 3, 2021
LEDUC, AB, Dec. 3, 2021 /CNW/ - Every Canadian deserves a safe and affordable place to call home. The COVID-19 pandemic has made it clear that affordable housing is key to Canada's recovery, as people in Canadian communities are still having trouble finding safe and affordable housing.
Today, the Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion and Minister Responsible for CMHC, along with Dr. Anne-Marie Reddy, President and CEO of Habitat for Humanity Edmonton, announced a $260,000 investment from the federal government that supported the construction of four new homes in Leduc, Alberta, to help four families realize their dream of homeownership.
This investment by the Government of Canada was made possible through a three-year $32.4 million partnership with Habitat for Humanity Canada under the National Housing Strategy's (NHS) National Housing Co-investment Fund (NHCF).
The National Housing Strategy's NHCF gives priority to projects that help those in greatest need, including women and children fleeing family violence, seniors, Indigenous Peoples, people with disabilities, those dealing with mental health and addictions, veterans and young adults.
The Habitat for Humanity model of affordable homeownership bridges a gap for people who face barriers to homeownership and would not otherwise qualify for a traditional mortgage. Local Habitat for Humanity organizations in every province and territory across Canada help build and rehabilitate decent and affordable homes, from single-family houses to multi-unit developments. With the help of volunteers and donors, Habitat helps families build their own homes and pay an affordable mortgage geared to their income. Safe, decent and affordable homeownership plays a critical role in helping families build a foundation for a life with better choices and more opportunities.
Quotes:
"Every Canadian deserves a safe and affordable place to call home. Our Government is dedicated to helping those in need which is why we are pleased to partner with Habitat for Humanity to make a real difference in the lives of these four families here in Leduc, and for families throughout Canada. This is the National Housing Strategy at work." – The Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion
"The impact of the pandemic continues to push homeownership even further out of reach for families living with lower income. Our partnerships and unique relationship with CMHC ensure that we can address this gap through housing investments that transform people's futures, strengthen communities and foster resilience and stability." – Julia Deans, President and CEO, Habitat for Humanity Canada
"The holiday season is the perfect time to establish new family traditions and to experience the peace that the season can offer. Our families can set aside worries about rent increases, and focus on making memories. I'm certain they will remember this holiday season for a long time to come!" – Dr. Ann-Marie Reddy, President and CEO, Habitat for Humanity Edmonton
Quick facts:
Related links:
SOURCE Canada Mortgage and Housing Corporation
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2021/03/c2949.html