Durham invests $3.5 million in Bowmanville affordable housing project
Published February 24, 2022 at 2:21 pm
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The Regional Municipality of Durham has officially signed off on a $3.5 million investment towards a new 84-unit rental apartment building in Bowmanville being developed by Durham Region Non-Profit Housing Corporation.
The project, which sits on land on land made available by the Municipality of Clarington at a reduced price, is part of the Region’s commitment to increase the supply of affordable housing across Durham.
Durham Region Non-Profit Housing, Habitat for Humanity GTA, Durham Region and Clarington all partnered up on the mixed development project, which will include 52 units dedicated to rental housing and 32 earmarked for affordable ownership. Several of the units will be equipped with accessible features to support seniors and persons with disabilities.
This investment into affordable housing is part of the Region’s commitment to initiating the development of 1,000 new affordable rental housing units by 2024, as per At Home in Durham.
“Everyone deserves a safe and affordable place to call home, and this new development in Bowmanville is a step towards improving affordability and access to housing in our community,” said Durham Chair John Henry. “Despite the challenges presented by the pandemic and the current housing market, the Region of Durham remains committed to initiating the development of 1,000 new affordable rental housing units as part of our 10-year Durham Region Housing Plan.”
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