Hundreds of people living in co-operative housing in Halifax will soon have updated, more energy-efficient homes thanks to a $3.1-million investment from the provincial and federal governments.
Community Services Minister Denise Peterson-Rafuse, and MP Scott Armstrong, on behalf of Diane Finley, Minister responsible for Canada Mortgage and Housing Corporation (CMHC), made the announcement in Halifax.
Co-ops provide a valuable form of affordable housing in Nova Scotia. These renovation and retrofit projects will improve the quality of life for residents by keeping their homes safe and affordable. We are happy to be able to support them and make life better for the families living in co-op communities.”
Community Services Minister Denise Peterson-Rafuse
Through Canada's Economic Action Plan, government is committed to making communities stronger through projects like this one. These investments in local infrastructure will help create new jobs and stimulate the local economy. This includes $2 billion for new and existing social housing, plus $2 billion in low-cost loans to municipalities for housing-related infrastructure that many families need.”
MP Scott Armstrong
We really appreciate the help and support government has given us to fix up our homes.”
Margaret Brown, a long-time resident of the co-op
This $3.1-million investment in co-operative housing is an excellent example of stimulus funding that works. The amalgamated housing co-op will get needed upgrades and repairs, the individuals and families who live there will benefit, and the community will keep secure and energy efficient housing.”
Karla Skoutajan, director, sector development, Co-operative Housing Federation of Canada