Federal, Provincial Govts Support Affordable Homes in Orillia

eAwazLocal News

Orillia – The Government of Canada and the Government of Ontario announced a combined investment of over $8.1 million to build 42 new affordable homes in Orillia. Orillia Development, located at 250 West Street North, counts 130 affordable apartments ranging from studio to three-bedroom sizes for seniors, families, and individuals. The project will also have a community room and social services hub.

A breakdown of the funding for this housing project includes:

  • $4.8 million from the Ontario Priorities Housing Initiative (OPHI)
  • $3.3 million from the Canada-Ontario Community Housing Initiative (COCHI)

OPHI and COCHI are both initiatives of the Canada-Ontario Bilateral Agreement under the National Housing Strategy. Construction started in October 2021, and the first residential tenants are moving in throughout spring 2024.

“Everyone deserves a safe and affordable place to call home. And, we will keep working with partners, like Ontario, to make this a reality for all Canadians. I am proud that we could support these apartments and wish everyone moving into their new homes the very best as they start these new chapters.” – Sean Fraser
Minister of Housing, Infrastructure and Communities

“This funding will not only provide the affordable housing that the residents of Orillia need, but also build a community in which they can thrive. We’ve heard across the province that we need to match housing with wraparound services so that residents have the resources and help they need to unleash a better future. Our government will continue to work closely with our federal and municipal partners because we know that collaboration is key to solving the housing supply crisis.” – Paul Calandra,
Ontario’s Minister of Municipal Affairs and Housing