Units for low-income households are underway in Northumberland County.
On Monday, Ryan Turnbull, Member of Parliament for Whitby, on behalf of the Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion, alongside the Honourable David Piccini, Minister of the Environment, Conservation and Parks and MPP for Northumberland–Peterborough South, Bob Crate, Warden of Northumberland County, and Gil Brocanier, Chair of Northumberland County Housing Corporation, announced a combined investment of more than $8M for the Elgin Park Redevelopment in Cobourg.
The Government of Canada is investing $2.4 million through the National Housing Co-Investment Fund (NHCF), in addition to $5.7 million through the Canada-Ontario Community Housing Initiative (COCHI), which is cost-shared between both levels of the government.
Owned and operated by Northumberland County Housing Corporation, this investment will allow the intensification of 18 existing semi-detached homes to allow for a series of 4-plex and 6-plex buildings, which will comprise of 40 total units.
With the construction underway for the first phase, the development is on target to create 40 housing units, including both rent-geared-to-income and attainable rental housing with a shared green space.
The development continues to progress on time and on schedule, with first occupancy planned for summer of 2023.
