Milton – Adam van Koeverden, Member of Parliament for Milton, on behalf of Ahmed Hussen, Minister of Housing and Diversity and Inclusion, alongside Steve Clark, Minister of Municipal Affairs and Housing for Ontario, and Parm Gill, Member of Provincial Parliament for Milton, announced a combined investment of over $4.8 million which built 34 not-for-profit affordable homes in Milton.
Located at 70 Ontario Street and owned and operated by the Catherton Charitable Foundation, the building features 83 one and two-bedroom units – 34 of which are funded by Canada and Ontario. Residents of the building include individuals, families and seniors paying affordable rent, as well as fixed- and low-income residents receiving various levels of rent assistance and subsidies. The project supports intensification of Milton’s Urban Growth Centre and has added a new, separate four-storey apartment building to the west portion of an existing residential property.
This investment is made through initiatives of the Canada-Ontario Bilateral Agreement under the National Housing Strategy and the funding includes:
- $563,439 from the Ontario Priorities Housing Initiative (OPHI)
- $435,043 from the Canada-Ontario Community Housing Initiative (COCHI)
- $900,000 from the Canada-Ontario Investment in Affordable Housing (IAH) agreement
- $2,923,036 from Social Infrastructure Fund (SIF)