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Candice Bergen, right, federal minister of state for social development, and Valerie Docherty, P.E.I. minister of community services and seniors, sign a $15 million, five-year extension to the Investment in Affordable Housing agreement.
The province has $15 million at its disposal to offer more affordable housing solutions to Islanders over the next five years.
Ottawa and P.E.I. Friday announced the combined multi-million dollar investment to help more individuals and families in need access affordable housing.
The funding will be delivered through an extension to the Investment in Affordable Housing agreement. How the money is spent, is up to the province.
“We recognize the value in the provinces being able to make their own decisions in regards to the best solutions in affordable housing,’’ Candice Bergen, federal Minister of State for Social Development, told reporters following the announcement.
P.E.I. Community and Social Services Minister Valerie Docherty says the funding will allow the province to continue to invest in the modernization of existing family and senior housing to meet the needs of Islanders.
“Through our commitment to affordable housing coupled with partnerships such as this, we have seen substantial growth in the new units for seniors, persons with disabilities and families,’’ says Docherty. “This includes 384 units across the province since 2007.’’
The funding will allow the province to continue the P.E.I. Home Renovation Program introduced in 2013.
Also, a new seniors home care renovation program will be implemented this year to support families who wish to renovate their homes to enable a family member to stay with them longer, adds Docherty.
The Seniors’ Home Repair Program will also get a boost from the funding.
“We will have the flexibility to design and deliver a range of affordable housing programs to address the housing needs and priorities in our province,’’ says Docherty.
“Through this extended agreement, we will be able to continue to provide affordable, accessible housing. We will be able to ensure that Islanders stay in their homes longer and we will be able to help people make their homes safer and more energy efficient.’’
For more information on the programs, visit www.gov.pe.ca/homereno or call 902-620-3777.
Unfortunately, the site notes that due to overwhelming response, no further applications are being accepted during this fiscal year for the Home Renovation Program, the Person’s With Disabilities Home Renovation Program or the Emergency Home Repair Program.
Applications are still being accepted for the Seniors’ Home Repair Program, which helps low-income seniors make necessary repairs to their principal residence.