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 (OPHI) and $3.3 million from the Canada-Ontario Community Housing Initiative (COCHI).
OPHI and COCHI are both initiatives of the Canada-Ontario Bilateral Agreement under the National Housing Strategy, indicates a release.
Construction started in October 2021, and the first residential tenants moved in this spring.
“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. “Our government will continue to work closely with our federal and municipal partners because we know that collaboration is key to solving the housing supply crisis.”
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