Governments team up to bring affordable housing to Orillia

ORILLIA, ONT. — The governments of Canada and Ontario recently announced a combined investment of over $8.1 million to build 42 new affordable homes in Orillia.

Located at 250 West St. N., Orillia Development counts 130 affordable apartments ranging from studio to three-bedroom sizes for seniors, families and individuals and will also include a community room and social services hub. Funding for the housing project includes $4.8 million from the Ontario Priorities Housing Initiative and $3.3 million from the Canada-Ontario Community Housing Initiative .

OPHI and COCHI are both initiatives of the Canada-Ontario Bilateral Agreement under the National Housing Strategy, indicates a release.“We’ve heard across the province that we need to match housing with wraparound services so that residents have the resources and help they need to unleash a better future,” said Paul Calandra, Ontario’s minister of municipal affairs and housing, in a statement.

Source: Real Estate Daily Report (realestatedailyreport.net)

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