Canada Community Housing Initiative Sample Clauses

Canada Community Housing Initiative.  Predictable, long-term funding is provided to PTs to protect, regenerate and expand social housing through ongoing support to social housing providers delivering subsidized housing to low-income Canadians, including Urban Native Social Housing units.  PTs have flexibility to use these funds to best suit the needs of their community housing3 sector, including increasing supply, and determining which units to protect and/or regenerate, as well as the appropriate depth of funding for a particular unit, as long as funding principles are upheld (e.g. households are adequately supported through affordability assistance.) Moreover, funds must be invested within the community-based or public housing sectors.  Projects must also align with the overarching NHS principles and contribute to NHS outcomes.  PTs will also ensure no net loss of Urban Native Units and will improve the condition of the retained units through repairs and/or capital replacement. All units will have adequate affordability support. 3 The vision for community housing is the creation of housing (inclusive of non-profit, co-operative and public housing) that is guided by common principles outlined in the National Housing Strategy to ensure support for modern, efficient and effective systems that encourages social inclusion and is economically and socially sustainable.  PTs will have flexibility to use funds gained through social housing efficiencies (e.g. additional operating dollars will be available as social housing projects become more viable, either because mortgages are paid off or better management techniques are introduced, etc.) on other PT priorities related to housing affordability, repair and construction.  PT priority funding is available from 2019-20 until 2026-27 to support regional needs and priorities related to social and affordable housing repair, construction and affordability support.  PT priority funds gradually taper off by 2027-28 in order to prioritize funding for the Canada Housing Benefit, which begins in 2020-21.  To ensure achievement of best possible outcomes, the allocation between the Canada Housing Benefit and funding for PT priorities will be mutually reviewed every three years.  PTs will have an opportunity to co-develop, cost-match and deliver a Canada Housing Benefit for implementation in 2020-21, based on PT context and circumstances and aligned with NHS principles. For example, the benefit will be delivered to households or individuals; it will be s...
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Canada Community Housing Initiative. Predictable, long-term funding is provided to PTs to protect, regenerate and expand social housing through ongoing support to social housing providers delivering subsidized housing to low-income Canadians, including Urban Native Social Housing units. • PTs have flexibility to use these funds to best suit the needs of their community housing3 sector, including increasing supply, and determining which units to protect and/or regenerate, as well as the appropriate depth of funding for a particular unit, as long as funding principles are upheld (e.g. households are adequately supported through affordability assistance.) Moreover, funds must be invested within the community-based or public housing sectors. • Projects must also align with the overarching NHS principles and contribute to NHS outcomes. • PTs will also ensure no net loss of Urban Native Units and will improve the condition of the retained units through repairs and/or capital replacement. All units will have adequate affordability support. • PTs will have flexibility to use funds gained through social housing efficiencies (e.g. additional operating dollars will be available as social housing projects become more viable, either because mortgages are paid off or better management techniques are introduced, etc.) on other PT priorities related to housing affordability, repair and construction. • PT priority funding is available from 2019-20 until 2026-27 to support regional needs and priorities related to social and affordable housing repair, construction and affordability support.
Canada Community Housing Initiative. The Canada Community Housing Initiative is intended to help address the funding decline for housing units under operating agreements that would have expired under the Social Housing Agreement. Through the NHS, reinvestment in this critical housing infrastructure will ensure low-income families continue to have access to this existing safe and affordable housing. The NHS has set targets for social housing in Canada that would see 100 per cent of the number of units under the Social Housing Agreement as of March 31, 2019 preserved to March 31, 2028, while also targeting repairs to 20 per cent of existing units and a 15 per cent expansion of social housing. Newfoundland and Labrador’s Bilateral Agreement establishes the following targets to be achieved through the Canadian Community Housing Initiative by March 31, 2028: • 5,957 social housing units continue to be available for low-income tenant households (100 per cent of baseline preserved); • 1,192 social housing units repaired (20 per cent repair target); and • 894 units to be added to the baseline number of housing units (15 per cent expansion target). NLHC is the largest landlord in the province and, along with various non-profit and cooperative housing providers, provides affordable housing options to those in greatest need. As the existing housing stock was built 40-60 years ago, on-going capital investment is required to repair and prevent deterioration of this important public asset and ensure its long-term sustainability. NLHC also recognizes that investments in energy efficiency improvements, as well as accessibility modifications to better serve the province’s aging population, are key elements in the long-term sustainability of its housing stock. During Action Plan 2022-23, through initiatives funded by the Canada Community Housing Initiative, the federal and provincial governments will allocate a combined $19.00 million for the preservation, repair, and expansion of social housing, as well as energy improvements. Additional details on these initiatives are outlined in this section: Table 2: Canada Community Housing Initiative Social Housing Preservation $9,086,700 Social Housing Repairs $4,840,700 Social Housing Expansion $4,871,500 Social Housing Energy Improvements $200,000 Without federal reinvestment through the NHS, over the period 2019-2028, operating agreements for 1,986 of social housing units in Newfoundland and Labrador would have expired as federal support for the operation and mainte...
Canada Community Housing Initiative. The Parties agree that the funding must be used solely for Social Housing and Community Housing in order to preserve, regenerate and increase Social Housing and Community Housing Units and reduce the Social Housing and Community Housing Need. The Parties also agree that this Initiative requires the preservation of Social Housing Units for urban Indigenous people to ensure that there is no net loss of Units and that its purpose is to conserve or improve the Units through repair, capital replacement and adequate affordability support, as determined by the SHQ. The funding will be used in accordance with the terms and conditions of the Agreement. The proponents include the Government of Quebec, a Municipal Organization, non-profits, co-operatives, Indigenous housing providers and tenants, as determined by the SHQ. Its term is specified in this section.

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