🌟🏠 Discover the Magic of Hunt Terraces: Peterborough's Groovy Leap Towards Affordable Housing! 🏠🌟

Unveil the Ultimate Housing Revolution - Join the Party and Dance Your Way to Dream Homes in Peterborough! πŸ’ƒπŸŽ‰


7/25/20232 min read

Houses on a street
Houses on a street

Funds Flow in to Create Dream Homes: Peterborough Gets Affordable Housing Boost

Pop Culture Buzz: β€œPeterborough Pals” Unite to Make Affordable Housing Dreams Come True!

Peterborough, Ontario is buzzing with excitement as the announcement of more than $2.4 million in government funding promises to create 63 community housing units. The joint venture by the Ontario and federal governments is like a superhero team-up to tackle the affordable housing crisis in the region.

Hunt Terraces: Where Dreams Take Shape

In the heart of Peterborough, at 555 Bonaccord St., a six-storey building known as Hunt Terraces is set to rise, thanks to the funding. This cool spot will house a total of 85 units, offering both one- and two-bedroom apartments. The icing on the cake? A range of awesome amenities including a trendy dining room with meal options, convenient laundry facilities, and a super cool common room where residents can chill and bond.

Giving a Helping Hand: Housing and Health Support

The best part is that some units are specially designated for individuals needing health and housing support. Community partners like the Victorian Order of Nurses (VON) will provide on-site support to ensure everyone feels right at home. It's like having a sidekick to back you up whenever needed!

COCHI: The Housing Initiative to Save the Day!

The Hunt Terraces project is just one slice of the pie, thanks to the Canada-Ontario Community Housing Initiative (COCHI). They have pumped over $46 million into creating 267 affordable housing units across Ontario. It's like COCHI is the hero we all need to fight the housing crisis!

Superhero Team-Up: Peterborough Housing Corporation (PHC)

Leading the charge is the Peterborough Housing Corporation (PHC), who spearheaded the construction of this fantastic 85-unit complex. They've been working tirelessly, turning dreams into reality, and showing that with a bit of teamwork, anything is possible.

Community Assemble: Mayor Jeff Leal Joins the Fight

Mayor Jeff Leal and the city's social housing agency, PHC, are the true heroes of this tale. Together with the Province of Ontario and the Government of Canada, they've built the $31.1-million second phase at Hunt Terraces, making affordable housing dreams come true for 65 community housing units and 20 market rent units. With great power comes great responsibility, and they're proving it!

MPs Join the Battle: Dave Smith and Michelle Ferreri on Board

MP Dave Smith and MP Michelle Ferreri have stepped up to support the cause. Smith is thrilled that the additional 63 units will be a home sweet home for seniors, offering a variety of affordable housing options with cool amenities. Ferreri is doing some serious advocacy to secure funding, showing that with persistence, even opposition can lead to triumph!

The Housing Avengers: Steve Clark

Ontario’s Minister of Municipal Affairs and Housing, Steve Clark, has joined the superhero team-up. With strong partnerships, they're working to give everyone a safe and affordable place to call home, making sure that nobody feels left out!

Innovative Solutions for a Better Future

This superhero squad is a true testament to what can be accomplished when governments and communities join forces. With smart initiatives like COCHI and inspiring leaders like the PHC, Peterborough is taking the leap toward a brighter future.

So, as Peterborough takes the lead in tackling the housing crisis, remember, every superhero was once a regular person who decided to take a stand!

Reference: https://globalnews.ca/news/9852046/funding-new-housing-units-hunt-terraces-in-peterborough/