Canadian Funding Corp Reviews CMHC Affordable Housing Reports

CMHC Reports on Affordable Housing in Canada, Reviewed by the Canadian Funding Corp.

Canadian Funding Corp on CMHC Report – The Government of Canada announced today an investment of more than $4.5 million as part of Canada’s Economic Action Plan to improve housing conditions for Mashteuiatsh and the Innu Nation.

The Honourable Denis Lebel, Minister of State (Economic Development Agency of Canada for the Regions of Quebec), on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), made the announcement along with Marjolaine Étienne, Vice-Chief for external affairs of the Montagnais Council of Lac-Saint-Jean and councillor responsible for the economy, public works and housing.

“Our Government’s Economic Action Plan is delivering support for improvements in housing conditions for members who live in First Nation communities in Quebec, and we are also stimulating the local economy by creating jobs,” said Minister of State Lebel.

Through Canada’s Economic Action Plan, the Government of Canada has committed $400 million over the next two years to help First Nation communities build needed new housing, repair and remediate existing non-profit housing for their members, and complement housing programs offered by CMHC. This investment will also provide an economic stimulus for many First Nations and surrounding areas by creating jobs.

The application calls for the year one (2009/2010) new funding initiatives under Canada’s Economic Action Plan were very successful and generated a large number of applications. As a result, CMHC will be fully allocating all the available funding for the fiscal year.

The year two (2010/2011) application call is about to open. Applications for this second round of funding will be accepted between February 1, 2010, and February 22, 2010.

Through Canada’s Economic Action Plan, some $45 million in federal investments will be made available to First Nations in Quebec to address immediate housing needs.

Under the initiative, CMHC is investing more than $4.5 million to retrofit 268 social housing units in nine communities and help build nine new units in three Innu communities in Quebec. The communities receiving funding are as follows: Pessamit, Ekuanitshit, Essipit, Mashteuiatsh, Matimekush, Natashquan, Pakua Shipi, Uashat Mak Mani-Utenam and Unamen Shipu.

“In Mashteuiatsh, the funding initiative has helped to meet the most immediate needs, through the performance of different renovations to 83 housing units, some 15 of which had major work carried out on them. We hope to be able to continue improving our homes with initiatives of this type over the coming months and years, as we are concerned about the preservation and development of our overall housing stock,” said Vice-Chief Étienne.

The Government of Canada announced today that four housing co-operatives will receive $751,232, as part of the social housing renovation and retrofit investments announced in Canada’s Economic Action Plan.

The announcement was made in Saguenay by the Honourable Jean-Pierre Blackburn, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC).

As part of Canada’s Economic Action Plan, the Government announced $1 billion for social housing renovation and retrofit. Of the $1 billion, $850 million is being delivered by provinces and territories on a cost-matched basis for existing federally assisted social housing projects that they administer on behalf of the partnership. The remaining $150 million is being delivered by CMHC for existing federally assisted off-reserve housing that it directly administers. Repairs that are eligible for funding include general improvements, energy-efficiency upgrades or conversions, and modifications in support of people with disabilities.

“Through Canada’s Economic Action Plan, our government is taking action to help ensure our economic recovery and create the conditions for long-term growth,” said the Honourable Jean-Pierre Blackburn. “Funding renovation and retrofit projects, like these ones, will not only improve the quality of life of the residents by keeping their homes safe and affordable but also help stimulate the economy and create jobs.”

On February 1, 2010, CMHC will begin accepting applications from eligible project sponsors for the remaining $75 million funding for year two. Sponsor groups can apply online or through the mail. Eligible repairs include general improvements, energy-efficiency upgrades or conversions, and modifications in support of people with disabilities.

The housing co-operatives that will receive contributions from the Government of Canada being announced today are:

Coopérative d’habitation Place des Lilas, $401,310

Coopérative d’habitation Adélard-Plourde, $12,642

Coopérative d’habitation Lanjevine, $59,800

Coopérative d’habitation Habitat 2000, $277,480

“The financial contributions provided under the federal renovation and retrofit initiative administered by CMHC will benefit the residents of Place des Lilas,” said Louis Boily, Chair of the Board of Directors, Place des Lilas. “In fact, these funds will serve to renovate the windows and retrofit the heating system to ensure the quality of life of our families. We are very pleased to have received this funding, which will help improve the comfort and safety of our residents.”

Part of my conversation with Garry Wise the other day included a discussion about: what to do with the Ontario Reports which every lawyer in Ontario receives on a weekly basis from the Law Society of Upper Canada?  As a new lawyer, I’ve been keeping them with the belief that they may have something useful one day.  Older and wiser lawyers have even told me that I should read up on the cases in my practice area as they will sharpen my skills and I may have to refer to them in the future.  But, truth be told, why is the Law Society of Upper Canada killing so many trees by not simply making the O.R.s digitally accessible?  Perhaps, as Garry Wise suggested in our conversation, an e-mail should be sent out to lawyers on a weekly or monthly basis with all the information we need succinctly organized in a few sentences and with links to the main article somewhere on the Law Society’s website?  I came across a recent blog by Ted Tjaden on Slaw that discusses that very same subject matter.   His post was also featured in the Law Times.  Perhaps the revenue that comes from advertising in print form won’t be as much in electronic format?  Perhaps the print form guarantees that all lawyers receive it, whereas the electronic version may not be accessible to all?   My take on this is: if and when I’m looking for it, I’ll find it online.  As such, I’m going to recycle the shelves of O.R.s I’ve been collecting under the mistaken assumption that I should be keeping them.  Goodbye clutter; hello digital age.  I encourage you to do the same.

Just for fun, I came up with this spoof on the Ontario Reports.  Enjoy…

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http://dynamiclawyers.com/DL_blog/ontario-reports-parody/17/

reviewed by Moishe Alexander, CEO of canadian funding corp