Archive for June 1st, 2009

Canadian Funding Corporation Reports: CMHC Social Housing Renovation and Retrofit Creates Jobs, Helps Communities (2009-6-1)

Category: Affordable Housing, CMHC, Highrise Buildings, Housing Starts, Residential, Uncategorized | Comments Off

OTTAWA, May 24, 2009 — Social housing across Canada can now access funding for renovation and retrofit projects, the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), announced today. “Social housing projects funded and administered by CMHC can now access the funding they [...]

Canadian Funding Corporation Reports on Housing Starts 2009-2010 (2009-6-1)

Category: Affordable Housing, CMHC, Highrise Buildings, Housing Starts, Residential, Uncategorized | Comments Off

According to Canadian Funding Corporation housing starts in Calgary, Alberta, will decline in 2009 followed by growth in 2010. New home construction in the Calgary Census Metropolitan Area (CMA) will decline for the third consecutive year in 2009 before improving next year. Elevated construction costs, a rising inventory of complete and unabsorbed units, contributed toward [...]