The Region of Waterloo is proposing a new affordable housing project at 30 Lauris Avenue, Cambridge. They are seeking to partner with a non-profit or a private developer to have the project completed.
![[Image: 10v1uIM.png]](https://i.imgur.com/10v1uIM.png)
Proposed are 2 buildings of 4 and 3 floors respectively containing a total of 104 residential units. They are proposing a mixture of both market rate and affordable housing units, aiming to have at least 30% be deemed affordable for a period of no less than 40 years. In total there would be: 14 studio units, 48 one bedroom units, 31 two bedroom units and 11 three bedroom units. A total 71 parking spaces both underground and above ground are proposed which is 0.68 per unit, less than 130 units required by zoning rules. Both indoor and outdoor parking areas are proposed. A small amenity space on the ground floor of the larger building is also proposed providing a 45.73m² space for residents.[/align]
Proposed are 2 buildings of 4 and 3 floors respectively containing a total of 104 residential units. They are proposing a mixture of both market rate and affordable housing units, aiming to have at least 30% be deemed affordable for a period of no less than 40 years. In total there would be: 14 studio units, 48 one bedroom units, 31 two bedroom units and 11 three bedroom units. A total 71 parking spaces both underground and above ground are proposed which is 0.68 per unit, less than 130 units required by zoning rules. Both indoor and outdoor parking areas are proposed. A small amenity space on the ground floor of the larger building is also proposed providing a 45.73m² space for residents.[/align]