Ontario Construction News staff writer
Funding totalling $64 million from the Government of Canada and the City of Hamilton will be used to build and repair 214 homes.
“Today, we are delighted to announce the funding of over 200 homes in Hamilton to support the needs of individuals and families. These homes are key to responding to the housing needs in Hamilton,” said Housing Minister Sean Fraser.
“The Government of Canada is committed to providing people with the necessities they need to live, grow, and thrive in Hamilton. By helping people reach their potential, they can discover all the possibilities that can be created right here in our city.”
Some of the funding will be used to build and repair specific rental units to support seniors, women and children fleeing domestic violence, people experiencing mental health or addiction issues, and Indigenous Peoples.
“It’s so important to me that people of all ages and income levels can afford to call Hamilton home,” said Andrea Horwath, Mayor of Hamilton. “This joint investment by the City of Hamilton and the Government of Canada will change the lives of hundreds of people and demonstrates the important and ongoing partnership that is required to support Hamilton residents as life continues to get more expensive.”
The four housing projects will be located at:
- 90 Carling St.
- 104-106 Bay St.
- 32 Clapham Rd.
- 219 East Ave. N.
The federal government will provide close to $45 million and the city has approved $19.1 million.
The Rental Construction Financing Initiative (RCFi) provides fully repayable low-interest loans to encourage the construction of more purpose-built rental housing for middle-income Canadians.