Ottawa & Ontario Investing $23.5 Million In Affordable Housing In Peel Region

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Mississauga: The governments of Canada and Ontario are investing over $23.5 million in two new affordable housing developments in Peel Region, providing 219 homes for individuals, families, seniors and people with disabilities.

“Home is a place of safety and refuge. Our government is dedicated to housing more Canadians which is why we are proud to have invested in these developments in Peel Region.

These new units are more than just safe and affordable places to live, they are key to a better life for the residents who call them home,” said Adam Vaughan, Parliamentary Secretary to the Minister of Families, Children and Social Development.

“Our government is committed to ensuring all Ontarians have access to an affordable place to call home,” said Steve Clark, Minister of Municipal Affairs and Housing.

“These important investments in Peel Region are the latest examples of the good things that can happen when we work together to help those most in need in our province.”

The Indwell affordable housing project on Lakeshore Road East will include 68 affordable
housing units, a food bank, and a support program for people with disabilities. Funding for the project is being delivered through the joint federal-provincial Social Infrastructure Fund and Investment in Affordable Housing Program.

The East Avenue affordable housing project will include 151 affordable housing units for individuals, families and seniors.

Funding for the project is being delivered through the joint federal-provincial Investment in
Affordable Housing Program and the Ontario Priorities Housing Initiative.

“This investment is great news for Peel Region. I am proud our government is taking action to increase the supply of affordable and accessible housing for our most vulnerable citizens, including seniors and people with disabilities,” said Rudy Cuzzetto, MPP Mississauga-Lakeshore.

“These two projects are a great addition to Mississauga and I congratulate all those who have worked so hard to provide stable housing and access to support services, such as counseling, addiction services, and life-skills training.”

“On behalf of Peel Regional Council, I wish to sincerely thank the Government of Canada and Province of Ontario for their partnership in helping Peel to build much-needed affordable housing. The magnitude of Peel’s critical affordable housing shortage, heightened by the effects of the pandemic as more individuals and families are losing or at risk of losing their housing, demands that all levels of governments continue to work together,” said Nando Iannicca, Chair of Region of Peel.

“When we all work together, we can achieve practical, immediate solutions that address homelessness in our cities and province,” said Jeff Neven, Indwell’s Executive Director.

“Here in Port Credit, all levels of government, community members, the BIA, social service organizations, and churches are working together with Indwell to create new homes for 68 people.”

• The Social Infrastructure Fund (SIF) and the Investment in Affordable Housing (IAH) Program are joint federal-provincial programs to fund the creation and repair of affordable housing. They also provide down payment assistance for homeownership and rental assistance to families and individuals in need.

• Under the SIF and IAH programs, service managers have the flexibility to select which program components to participate in – such as new rental construction, home repair, housing allowances, rent supplements, or homeownership – based on local housing needs in their communities.

• The Ontario Priorities Housing Initiative builds on the success of the Investment in Affordable Housing program and addresses local priorities in the areas of housing supply and affordability.

• Ontario has provided $350 million in funding to help stop the spread of COVID-19 and
keep vulnerable people safe. This includes funding to local service managers and Indigenous program administrators who were given the flexibility to expand the key services they already offer to meet their local needs, including supporting people having a hard time paying rent.

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