Feds, province announce $92M for 5 housing projects in Ottawa

More than half the funds going to a loan to help a local developer build affordable apartments in Little Italy Joanne Chianello · CBC · Posted: Nov 22, 2022 3:02 PM ET | Last Updated: 8 hours ago The John Howard Society's supportive housing project on Carling Avenue is one of five projects that will receive money from the upper levels of government. (Kate Porter/CBC) The federal and provincial housing ministers chose National Housing Day to announce $91.85 million in funding for 272 affordable units in Ottawa. More than half the funds are earmarked for a federal low-cost loan to local developer Taggart to build affordable 122 units in Little Italy. Ahmed Hussen, the federal minister of housing and diversity and inclusion, was on hand Tuesday morning for the announcement at a John Howard Society supportive housing complex at 289 Carling Ave. He was joined by Ontario's associate minister of housing, Michael Parsa, as well as a number of local officials. The funding comes from five different housing programs, with most of the money coming from the federal government. The Ontario Housing Initiative is purely provincial, and two other programs involve both upper levels of government. The remaining two programs — the Rapid Housing Initiative and the Rental Construction Financing Initiative — are both federal programs. The announcement includes the following projects: $48 million in loans for Taggart Group through the federal Rental Construction Financing Initiative, a program that provides low-cost financing for developers in order to incentivize the building of rental units. This nine-storey building at 93 Norman St. will include 122 units at different levels of affordability. Sixteen units will be accessible. $20 million — with less than half coming from the province — for a four-storey building run by the non-profit Centretown Citizens Ottawa Corp. Of the 40 units at 159 Forward Ave, the site of the city's former family shelter, 30 will be designated as affordable, 19 will be at or below the average market rent. All units will be accessible, and six will be barrier-free. $14 million for a John Howard Society supportive housing program for women experiencing chronic homelessness, with a focus on Indigenous women. The 29-unit project at 494 Lisgar St. will have 24-hour support on site. $5.85 million toward Ottawa Community Housing's project at 3380 Jockvale Rd. that will include 32 affordable units for families in the shelter system. Seven will be accessible. $4 million for another John Howard Society supportive housing project for those who are homeless or at risk of becoming homeless. The six-storey building at 289 Carling Ave., which is already built, includes 40 self-contained affordable units, eight of which are accessible. The city has also contributed more than $1 million to this project. CBC's Journalistic Standards and Practices|About CBC News Corrections and clarifications|Submit a news tip|Report error Popular Now in News 1 Alberta premier announces $2.4-billion affordability package 806 reading now 2 An Alberta paramedic responded to a car crash. She only learned later the dying victim was her daughter 454 reading now 3 Multiple crime scenes in Coquitlam, B.C., as RCMP deal with 'major police incident' 434 reading now 4 City of Hamilton discovers 26-year leak of sewage into Hamilton Harbour 255 reading now 5 Enterprise Canada pushes back against Nazi flag claim made by convoy lawyer 180 reading now DISCOVER MORE FROM CBC Footer Links My Account Profile CBC Gem Newsletters About CBC Membership Connect with CBC news 8 grand rapids news 8 tampa news 8 tulsa news 8 wgal 8 news now 8 news now las vegas 88 energy news 8 news richmond 8th pay commission latest news 8 news las vegas 8 news values 800 am news 8 news weather news 9 okc news 9 weather news 9 live news 9 radar news 9 denver news 9 breaking news news 9 okc weather news 9 okc live news 9 weather live 9 news denver 92 news live 9&10 news 9ja news 90 day fiance news 9 news weather 92 news 92 news urdu 9 news live news bbc news fox news sky news news today abc news ukraine news google news cnn news msn news

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