Approval received to proceed
with Affordable Housing Agreement
Oliver Langdon, Minister Responsible for Housing, today announced that
he has received government direction to proceed with the finalization
of
an Affordable Housing Agreement with the federal government through
Canada
Mortgage and Housing Corporation (CMHC).
Mr. Langdon said: “This agreement will be good news for
Newfoundland
and Labrador, and will make a positive difference in the lives of many
people. I feel strongly that this investment in housing will also
enhance
the effectiveness of programs and services provided by my colleagues in
Health and Community Services, Human Resources and Employment and
Justice.
In many ways, suitable housing provides a firm foundation for a healthy
society and, this consideration is reflected in the province’s
Strategic
Social Plan.”
The minister further noted that officials of Newfoundland and
Labrador
Housing Corporation (NLHC) will finalize details of the bilateral
agreement
with their CMHC counterparts in the near future after which there will
be a formal signing announcement. The agreement will address supportive
social housing needs and increase the supply of affordable rental
housing
in areas of greatest need. The province’s contribution will be matched
on a 50/50 basis with the federal government through CMHC over the
5-year
agreement period.
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For further information, contact:
Jenny Bowring, Corporate Communications
Telephone: (709) 724-3055
E-mail: releases@nlhc.nf.ca
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