Affordable Homes For Seniors In Temiskaming Shores

The northeastern Ontario town of Temiskaming Shores. Picture: Adam Vaughan/Twitter

TEMISKAMING SHORES, ON: The Government of Canada is funding 68 new homes for seniors in Temiskaming Shores in northeastern Ontario.

Parliamentary Secretary Adam Vaughan, on behalf of the Honourable Ahmed Hussen, Minister of Families, Children and Social Development and Minister responsible for Canada Mortgage and Housing Corporation (CMHC), alongside the Honourable Anthony Rota, Speaker of the House of Commons and Member of Parliament for Nipissing–Temiskaming, Carman Kidd, Mayor of Temiskaming Shores (in Northeastern Ontario) and President and Chairman of the Temiskaming Shores Seniors’ Housing Corporation, and Jeff Laferriere, Deputy Mayor of Temiskaming Shores, announced $13.6 million in federal funding for the Temiskaming Shores Seniors Centre.

With this funding, the Temiskaming Shores Seniors Centre will The will allow seniors in the community to live more independently.

This funding is being delivered through CMHC’s National Housing Co-Investment Fund (NHCF), which supports new construction and repairs of mixed-income and mixed-use affordable housing. The NHCF is a key pillar of the Government of Canada’s National Housing Strategy (NHS).

Hussen said: “Seniors have contributed greatly to our country and continue to do their part by staying home. We need to ensure they remain safe and healthy, now more than ever. That’s why this investment to support seniors in Temiskaming Shores is a priority. This is the National Housing Strategy at work!”

Vaughan added: ”Seniors already have so much to worry about, whether it is paying bills, filling their prescriptions, and staying safe during the pandemic. This announcement is a crucial step towards ensuring that Canadians from all walks of life have access to safe and affordable housing. Thanks to this funding, more seniors in Temiskaming Shores will be able to live independently and with pride.”

Jeff Laferriere, Deputy Mayor of Temiskaming Shores, said: “When all levels of government work together with Community stakeholders its projects like this that can come to fruition and provide such a critical need for our Community. It is wonderful to see the Federal Government make such a huge investment in our community to support our seniors and bring the vision of the Temiskaming Shores Seniors Housing Corporation come to life.”

• Over $860,000 of the total loan under the NHCF will be forgivable.

• 21 units in this project are affordable, at or below 80% of median market rent (MMR), and will be maintained for a period of 20 years.

• 30% of units will meet NHCF accessibility requirements, for a total of 21 units total.

• The project aims to reduce greenhouse gas (GHG) emissions and improve energy efficiency by 41% over the 2016 baseline.

• With a budget of $13.2 billion, the NHCF gives priority to projects that help people who need it most, including women and children fleeing family violence, seniors, Indigenous people, people with disabilities, those with mental health or addiction issues, veterans and young adults.

• Through the NHCF, the Government of Canada will work with partners to build up to 60,000 new affordable homes and repair up to 240,000 existing affordable and community homes.

• Under the NHCF, investments are also planned to create or repair at least 4,000 shelter spaces for victims of family violence, as well as create at least 7,000 new affordable housing units for seniors and 2,400 new affordable housing units for people with developmental disabilities.