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Housing shortfall, costs and affordability
#79
10,000 homes in 7 years is goal of Waterloo region collaboration between Habitat for Humanity, developers


Quote:A new initiative called Build Now: Waterloo Region aims to build 10,000 affordable and "attainable" homes in the community by 2030.

It was launched Thursday at Cambridge city hall by Habitat for Humanity Waterloo region in collaboration with local developers and community partners. It will see the groups work together to build 7,000 homes for purchase and 3,000 to rent.

None of the new homes will be available to be sold as investment properties and all will go to people who need a place to live, Habitat for Humanity CEO Philip Mills said.

"We're looking to build missing middle homes around four to six storeys in height," Mills said during the press conference Thursday.
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RE: Housing shortfall, costs and affordability - by nms - 07-20-2023, 11:02 PM

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