Totally, 812 low-economy proprietors throughout the Avalon and Burin Peninsulas renovated their homes last year under a $3.5M investment in the Provincial Home Repair Program (PHRP).
The declaration was made by dignitaries including the Minister of Intergovernmental Affairs and Minister for Newfoundland and Labrador, Honorable Peter Penashue, on behalf of the Minister of Human Resources and Skills Development for Canada Mortgage and Housing Corporation (CMHC) Honorable Diane Finley, and the Minister for Newfoundland and Labrador Housing Corporation, Honorable Tom Hedderson.
Renovations with loan from PHRP include improvements in services like retrofits and reconstructing damaged buildings, doors, foundations, windows, siding or roofing, and other services including electrical, heating or plumbing systems.
The Government of Canada, in September 2008 accepted a five-year investment of more than $1.9B in housing to cater to the requirements of the needy, homeless Canadians. Also a two-year renewal of the Affordable Housing Initiative and renovation programs until March 31, 2011 was included to consider the investment utilization during 2011-2014.
The Governments of Canada and Newfoundland and Labrador, on August 16, 2011, declared a joint investment of approximately $41M under the new investment in Affordable Housing 2011-2014 agreement. Initiating this contract, the provincial government extended PHRP for three more years through NLHC.
The provincial government invests $12M in PHRP for the successive three years, for a total provincial investment of $24M, which increases the total PHRP budget to $36 M during 2011-2014. This investment focuses on Social Housing Plan for Newfoundland and Labrador - Secure Foundations, which is intended to improve the housing services for the needy, anticipating healthier communities.