Canada and Ontario Investing in Affordable Housing Units

Canada Housing and Mortgage Corporation (CMCH) reported on Monday (9-11-23) that the Government of Canada, the Government of Ontario, and the regional Municipality of Halton have announced over $45 million (CAD) in funding to construct 52 affordable housing units in Oakville, Ontario. Oakville is located halfway between the cities of Hamilton and Toronto.

According to the press release, the Seniors Supportive Housing will be a mid-rise 4-story apartment building with three floors of residential units with 52 units in total, including 22 bachelor units and 30 1-bedroom units and ground floor space for a senior community hub. The project is for low-income seniors and will provide onsite supportive housing programs and services. The new building includes universal design elements and will be the Halton Region’s first Passive House certified assisted multi-residential building.

The project is expected to be completed sometime in the fall of 2024.

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