New housing complex to offer approximately 100 low-cost units
Provincial officials have announced a new housing development for 5676 Main Street in Stouffville, Ontario.
The Stouffville Affordable Housing apartment project will be funded by the federal and provincial governments, which have invested $4.8 million and $6.4 million, respectively. The housing complex will offer approximately 100 one-, two-, and three-bedroom units for families, individuals, and seniors living in the region.
“Our government’s policies have delivered historic results in getting more housing built faster and complement our nearly $4.4 billion [in] investments over the past three years to grow and enhance community and supportive housing, address homelessness, and respond to COVID-19,” said Steve Clark, Ontario’s Minister of Municipal Affairs and Housing.
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“We have also strengthened mental health and addictions supports for people experiencing, or at risk of homelessness,” Clark added. “Ensuring all Ontarians have a home that meets their needs and budget, especially our most vulnerable, is a top priority for our government.”
The project will be owned and operated by York Region. Construction is slated to begin this summer, and the apartment complex is scheduled to be ready for general operations by 2023.