The town of Perth will be home to a new and affordable housing project that is set to bring some 20 brand new one-bedroom apartments to the community. The project is estimated to be finished by 2011.
The Canada-Ontario Affordable Housing Program recently shelled out $1.05 million for the project, while the County of Lanark gave $350,000 as part of the Delivering Opportunities for Ontario Renters (DOOR) fund. The 20-apartment complex is one of the 345 approved AHP capital projects which are aimed at offering over 10,000 housing units across the province of Ontario.
Once the project is completed, the 20 units will be up for renting at a rate that’s 20 percent lower that the average apartment on the market.
According to Nancy Green, social services director for the county, the project is primarily targeted at the area’s most vulnerable individuals, men and women who are eligible for the social housing waiting list, as well as those that are in it. Many of these individuals are in current financial binds, she said.
Groundbreaking will be held today at the site, which is located along Rogers Road and Lansdowne Avenue. The ceremony will be led by John Fenik, the Mayor of Perth.
