Ontario Invests in Affordable Housing in Elgin CountyPublished on November 17, 2020
AYLMER, ON — The Ontario government is providing $1.5 million to help create new affordable housing in Elgin County. This investment will ensure more seniors, people with disabilities, low-income families and those at risk of homelessness have access to stable housing in their community.
“Elgin County has been in need of more affordable homes for years,” said Jeff Yurek, MPP for Elgin—Middlesex—London. “I’m proud that our government has listened to the concerns of our residents. This new complex in Aylmer will help ensure our most vulnerable neighbours have access to the housing they need.”
The province is partnering with the City of St. Thomas and Walter Ostojic & Sons to build a $2.2 million, 23-unit rental complex in Aylmer. Twelve units will be designated affordable housing and priced at 20 per cent below market rent.
“Affordable housing has been in short supply across Ontario for years, including in smaller communities, like Aylmer,” said Steve Clark, Minister of Municipal Affairs and Housing. “Our government is working with municipalities, along with the private sector, to help ensure we have a range of affordable accommodation in every part of the province. These projects not only provide homes for people, but they create jobs and will contribute to our economic recovery.”
Construction for the project, located at 59 Brown Street, will begin in spring 2021, with occupancy expected in fall 2022.
▪ Since July 2020, Ontario has invested over $65 million toward the creation of more than 1,100 new affordable and supportive housing units.
▪ Ontario is providing $510 million, through the Social Services Relief Fund (SSRF), to help municipalities and Indigenous program partners deliver critical services, such as shelters, food banks, funding for rental arrears and longer-term housing solutions.