Ontario is set to deliver almost $15m in funding for affordable housing over five years to low- and moderate-income households in Hastings and Northumberland counties.
The Government of Ontario, alongside the Government of Canada, is allotting $8,117,900 for Hastings County and an additional $4,193,200 to Northumberland County.
Apart from building affordable rental units, the project also entails repairs to existing units and down-payment assistance to people in need. Another portion goes to Aboriginal families living off-reserve, as well as seniors, persons with disabilities, and victims of domestic violence.
Ontario and the federal government have committed over $4bn to affordable housing initiatives since 2003, helping 385,000 households so far.
“Our government is committed to supporting initiatives and activities that help prevent and reduce poverty in Ontario. This funding gives communities the flexibility to address local housing priorities and better meet the needs of individuals and families who need safe, suitable and affordable housing,” said Lou Rinaldi, M.P.P., Northumberland-Quinte West.
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