Ontario Community Newspapers

Terrace Bay News, 28 Nov 1974, p. 11

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

NOVEMBER 28, I974 TERRACE BAY NEWS PAGE II Lower cost housing is one of our greatest needs. This is what Ontario is doing to help provide it. Ontario today has more houses and more new housing programs than ever before. We are, unquestionably, among the best housed people in the world. But the cost of housing, for both owners and renters, has increased sharply in recent years. With this in mind the Ontario Government has developed many programs to ease cost pressures and help make more housing available. Four such programs are: 1. Ontario Home Renewal Program (OHRP) offers grants and loans for home improve- ment through local municipalities to low and moderate income homeowners. It is particularly directed to the rehabilitation of sub-standard dwellings, with emphasis on faulty structural and sanitary conditions, and the up-grading of plumbing, heating and electrical systems. 2. Community-Sponsored Housing Program supports the development of reasonably priced housing through non-profit housing corporations operated by groups or munic- ipalities. Grants to these groups--which may include labour unions, churches, wel- fare agencies, educational and charitable institutions, and service clubs -- cover up to 10% of the value of a housing project. In return, the group makes available up to 25% of the project units for Ontario Housing Corporation's rent supplement program. 3. OHC'S Assisted Rental Housing for Fam- ilies and Senior Citizens provides accom- modation for the elderly and for families, on the basis of rents-geared-to-income. Its purpose is to subsidize rental payments for people 60 years of age and older and for low-income families. 4. Home Ownership Made Easy (H.O.M.E.) Plan brings home ownership within the reach of many moderate-income earners. Houses are built on serviced lots which are then leased by Ontario Housing Corporation to new homeowners who have the option of buying the land after five years. This com- bination makes lower-than-normal down . payments possible. If you would like more information or free literature on these four housing programs, write: Information Services, 101 Bloor Street West, Toronto, Ontario. M5S 1P8 Ministry of Housing Donald Irvine, Minister py ly Government of Ontario William Davis, Premier

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