COBOURG, ONT. — Funding for three affordable housing developments across Northumberland County and Quinte West were announced recently by the governments of Canada and Ontario.
Federal, provincial and municipal dignitaries attended the announcement, which was accompanied by a groundbreaking event at 86 Munroe St. in Cobourg. Once completed, the development by Retirement Life Communities will provide 14 units of affordable rental housing for seniors.
The Retirement Life Communities development received more than $1.64 million in combined federal and provincial funding through the Investment in Affordable Housing agreement, states a release issued by the Ministry of Housing.
The announcement also highlighted two other initiatives, which will provide an additional 25 affordable housing units in Northumberland County and Quinte West, bringing the total federal and provincial contributions for all three housing developments to more than $3.79 million, adds the release.
"One of the county’s strategic priorities is to foster a thriving and inclusive community, and increasing the number of quality affordable rental units is vital to this effort," said Mark Walas, warden for Northumberland County.