More affordable housing is coming to Milton!
Milton’s Member of Parliament (MP) Adam van Koeverden, on behalf of the Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion, alongside the Honourable Steve Clark, Minister of Municipal Affairs and Housing for Ontario, and Parm Gill, Member of Provincial Parliament (MPP) for Milton, announced a combined federal and provincial investment of over $4.8 million. The money will be used to build 34 not-for-profit affordable homes in Milton.
“The Government of Canada is investing in affordable housing here in Milton and across Canada to ensure everyone has an affordable place to live, while improving the quality of life for those who need it most,” says MP van Koeverden. “Our focus is on meeting the needs of vulnerable groups, including seniors and women and their children, by providing them with safe, accessible and affordable housing options that meet their unique needs.”
The homes will be located at 70 Ontario Street. They are owned and operated by the Catherton Charitable Foundation, the building features 83 one and two-bedroom units – 34 of which are funded by Canada and Ontario. Residents of the building include individuals, families and seniors paying affordable rent, as well as fixed- and low-income residents receiving various levels of rent assistance and subsidies. The project supports intensification of Milton’s Urban Growth Centre and has added a new, separate four-storey apartment building to the west portion of an existing residential property.
“Our government is proud to invest in the creation of new affordable housing in Milton and across Ontario,” says MPP Gill. “These 34 new units are part of a larger development that will meet our growing community’s housing needs, in line with our government’s plan to increase housing supply so more people are able to find a home they can afford.”
This investment is made through initiatives of the Canada-Ontario Bilateral Agreement under the National Housing Strategy and the funding includes:
- $563,439 from the Ontario Priorities Housing Initiative (OPHI)
- $435,043 from the Canada-Ontario Community Housing Initiative (COCHI)
- $900,000 from the Canada-Ontario Investment in Affordable Housing (IAH) agreement
- $2,923,036 from Social Infrastructure Fund (SIF)
“The Town of Milton is committed to working with government partners to address the need for a variety of housing options,” says Milton Mayor Gord Krantz. “Today’s announcement delivers on our belief that Milton can be a safe, welcoming and attractive home for all of our residents.”
A search for these units led to this listing, saying none of them are currently available. You can also read up on the units at this link.
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