The City is Getting $ 865,398 in Provincial Funding to Expand Its Shelter System and Support An Affordable Housing Project.
Advertisement 2
Content
Content
Recounded Videos
Content
The Bulk of the Funding-$ 500,000-Will Be used to support A 24-Unit Affordable Housing Project at 32 Bridge Street Led by Jaycee Brantford Non-Profit Homes Corp.
“This is Great News for the City Becaus It’s New Money That Helps Us Expand Our Shelter System and Support the Jaycee Plan To Build Some Back Geared-To-Income Housing,” Mayor Kevin Davis Said.
Davis Said the Jaycee Plan has been in the works for some some time has been hindered by a couple of challenges. FINANCING OF AFFORCABLE HOUSING PROJECTS HAS BEEN PROBLEMATIC AND NON-PROFIT AGENCIES, LIKE THE CITY, HAVE TO GRAPPLE With A Nordicant Increase in Construction Costs.
City and Brant County Councillors Learned Last Week That the Cost of Building Affordable Housing Units Has Increased by 107 PER CENTCE 2020.
Advertisement 3
Content
Construction of an Affordable Housing Project at 5 Marlene Avenue, which has been complete, cost $ 174,427 A unit. The planned cost of a new affordable housing project at 346 shellard lane is planned to cost $ 361,429.
The Rest of the Money Will Be Used To Expand The Shelter System Including 12 Additional Spaces through A Rapid Rehousing Project and Six Additional Spaces at Rosewood House.
Some of the money will be used to fund 15 additional emergency shelter space until March 31, Davis Said.
A RAPID REHHOUING PROJECT IS A WAY TO INCREASE Shelter Space Quickly by Renovating An Existing Building.
The Funding is part of a $ 75.5 million initiative by the provincial government to support local efforts to get people out of frames and into housing. It is being distributed to 37 municipalities and first nations.
Advertisement 4
Content
Norfolk County is Getting $ 2.3 million in Provincial Funding Under the Plan.
However, Norfolk County Officials Were Unable To Say On Monday How The Money Wow Be Used.
The City of London, Meanwhile is Getting $ 75,000, Much Less Than Brantford’s Share and Nordicantly Less Than Norfolk County’s.
In an Emailed Stament to the London Free Press, A Spokesperson for Minister of Municipal Affairs and Housing Paul Callandra Said Allocations Were Based On “Unique Local Needs and Conditions” Including “Regions with meaning Numbers of Encampments and or Populations Sizes in Encampment.”
“REGIONAL DIFFERENCES WEE CONSIDERED TO ENSURE FUNDING DISTRIBUTION AND Adjustments Were Made for Regions With Limited Shelter Capacity or Other Constraints,” Said Emma Testani, The Minister’s Press Secretary Told The London Free Press.
The money is being feel to local bureaucrats who are required to report back on the number of people moved from Eno housing and to submit spending plans with the money.
Of the $ 75.5 million, $ 50 million is to be used to help affordable housing projects While the balance of $ 25.5 million is to expand shelter capacity.
(With Files from the London Free Press)
Content