Niagara region to receive $6.9 million in provincial funding to retrofit social housing units
The provincial government has announced the Niagara region will benefit from a portion of a $657-million investment aimed at retrofitting social housing units across the province.
Over a five-year period, the provincial government plans to provide up to $6.9 million in funding to the region for repairs and upgrades to apartment buildings to make them more energy-efficient.
Thorold Regional councillor and chair of Niagara Regional housing, Henry D’Angela, says they will be targeting three buildings with 150 units or more to start.
He says there are a number of categories to consider, when making improvements.
“Structural issues, you got foundation issues, you could have windows, air conditioning, energy conservation,” he said. “A lot of it too, if you do some of the energy conservation, then you reduce the operating cost of the building, which then has more money to put back into affordable housing.”
Wynne says funding for the social housing initiative will come from the carbon market auctions rolled into the climate change action plan that aims to cut greenhouse gas emissions to 80 per cent below 1990 levels by the year 2050.
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