COBOURG, ONT. — The Ontario government has announced it will spend $25 million on water infrastructure in Cobourg to help enable the construction of 2,250 new homes.
The funding is being delivered through the first round of investments under the Housing-Enabling Water Systems Fund, which includes $970 million to help municipalities develop and repair drinking water, wastewater and stormwater infrastructure that will enable the construction of more homes.
The project will support the development of the Cobourg East Community Secondary Plan area, stated a release.
The government is allocating an additional $250 million to the fund, bringing total funding to $1.2 billion. The province is currently accepting a second round of applications. Under the second intake, $120 million will be reserved for projects in small, rural and northern municipalities without housing targets.
“By investing in drinking water and wastewater distribution systems and connecting pipes to land, we are helping municipalities build 511,000 new homes through the Housing-Enabling Water Systems Fund, including more than 2,200 homes through this project here in Cobourg,” stated Minister of Infrastructure Kinga Surma in a statement. “Building Ontario means building more homes and homes can’t be built without sustainable water systems in place.”
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