WATERLOO, ONT. — The City of Waterloo is inviting expressions of interest from non-profit organizations and consortiums led by non-profit organizations to develop a new affordable housing project proposed for 2025 University Ave. E.
The city is calling for a “compact, mixed-use, complete community” to deliver housing that is affordable and attainable over the long terms, stated a release.
The city aims to create a “vibrant public realm” and integrate sustainability, natural heritage conservation and climate change mitigation and adaptation into building and site design, materials and construction, transportation and connectivity, and long-term site and building operation and maintenance.
The proposal should also incorporate transportation connectivity and support diversity, inclusion, social cohesion and community well-being, stated the call for proposals.
The project advances the City of Waterloo Affordable Housing Strategy to increase the supply and mix of affordable housing, with the intention to create 16,000 units by 2031. The application for the request for expressions of interest is available online.
“Council and staff are excited to take the next step in our historic journey to use city-owned land for more affordable housing options,” stated Waterloo Mayor Dorothy McCabe in a statement. “The requirements for this project reflect our strategic priorities of creating complete communities that are connected, climate-change resilient, inclusive and accessible to transit.”
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