The Independent, Canadian Statesman Weekender, Bowmanville, Saturday, May 14,1994 21 Criticism Towards Non-Profit Housing Misleading Two research studies released by Ontario's landlord lobby critical of Ontario's non-profit housing program are misleading. That's the conclusion of Comparing Non-Profit Housing and Shelter Allowances, a discussion paper released today by Housing Minister Evelyn Gigantes. The original studies by Clayton Research Associates Limited were commissioned by the Fair Rental Policy Policy Organization (FRPO). It purported purported to show that shelter allowances, where the province subsidizes rents for private sector apartments, would, be more cost effective than building non-profit housing. "In fact, our analysis clearly shows that building non-profit housing housing is less expensive in the long run," says Housing Minister Evelyn Gigantes. Gigantes. "The FRPO study uses ques tionable assumptions which is why they came up with such misleading conclusions." The FRPO research claimed that the costs of providing shelter subsidies subsidies for 1,000 needy households over a 50-year period would be $2.2 billion billion less than building non-profit housing. Using the very same methodology methodology but more appropriate assumptions assumptions as the FRPO study, the statistical statistical analysis by Ministry of Housing policy experts reveals a quite different different conclusion: the total costs of the shelter allowances would cost $6 million million more than the non-profit housing. housing. In addition, 1,355 non-profit units would be created as opposed to providing providing shelter subsidies to 1,000 households (355 fewer households would be assisted through the shelter allowance program.) "It's common sense that if rents in the private sector go up every year for 50 years and the costs of nonprofit nonprofit and co-op housing are gradually gradually declining as mortgages are paid down, eventually that non-profit housing will cost less than shelter allowances," allowances," says Ms. Gigantes. "And this doesn't even speak to the other economic benefits of building building non-profit housing," she adds. "Building non-profit housing provides provides local economic stimulation - providing thousands of jobs across Ontario. For example, the jobsOnta- rio Homes program will create 33,000 construction jobs." The FRPO studies fail to account for spin-off benefits of non-profit housing construction such as an increased increased supply of rental housing, ac commodation for people with disabilities disabilities and other special needs, involving people in the management of their housing and increasing accessibility accessibility to housing for visible minorities minorities and one-parent families. Ms. Gigantes says: "2.6 billion will be spent subsidizing private sector sector apartments in Ontario this year - up more than 500% since'1988. The Government of Ontario spends $575 1 million on building and supporting non-profit housing. KENDAL - WHITES RD. - 132 ACRES Beautiful treed and open parcel. Over 3000 ft. road frontage, 2 streams, new survey. Older house - needs complete renovation or demolish and rebuild. LAND VALUE ONLY! OPEN TO A REASONABLE OFFER! 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