Canada and Ontario build over 260 housing units across Ontario

Afroza Hossain

The Government of Canada and the Province of Ontario made the announcement on May 19 that they would contribute more than $46 million to the construction of 267 brand-new affordable housing units throughout the province of Ontario. Canada’s government contributes more than $30 million, and Ontario’s provincial government contributes more than $15 million.

The Honourable Bardish Chagger, a Member of Parliament for Waterloo, the Honourable Tim Louis, a Member of Parliament for Kitchener-Conestoga, the Honourable Steve Clark, a Minister of Municipal Affairs and Housing for Ontario, Brian Riddell, an Ontario Member of Provincial Parliament for Cambridge, Jess Dixon, an Ontario Member of Provincial Parliament for Kitchener South-Hespeler, and Mike Harris, an Ontario Member of Provincial Parliament for Kitchener-Conestoga,

The Canada–Ontario Community Housing Initiative (COCHI), which is a project of the Canada–Ontario Bilateral Agreement and falls under the National Housing Strategy (NHS), is providing this significant funding.

Tenants can afford to live in a home thanks to the Canada-Ontario Community Housing Initiative (COCHI), which provides funding for community housing renovation, redevelopment, and expansion. Additionally, it can be utilized to assist community housing providers whose initial program arrangements are coming to an end in order to assist them in becoming more sustainable.

The announcement was made at Indwell’s St. Peter’s Supportive Housing project in Kitchener, which is located at 49 Queen Street North. As part of today’s announcement, the project will receive $5.5 million in funding. The undertaking comprises of redeveloping a current homeroom wing into 41 reasonable, reasonable, and strong condos. It will support those who have the greatest need for affordability and the desire to live in a community with support services, as well as those who are on the centralized waiting list for Waterloo Region. The redevelopment will safeguard notable design, upgrade the nearby streetscape, and offer occupants a home in perhaps of Kitchener’s most very much associated area.

Twelve projects are currently receiving funding from COCHI. In order to meet the particular requirements of Ontario’s communities, these projects will offer a wide range of unit sizes and varying levels of affordability. In the coming weeks, details pertaining to the project will be made public locally.

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