District Injects $1 Million For Affordable Housing Projects

Posted: 2021-09-23 08:08:56 By: thebay

District Council approved over $1 million in funding from the Muskoka Affordable Housing Initiatives Program (MAHIP) budget has been earmarked for two developments in Gravenhurst.

Muskoka D&M Corp. has been approved for $560,000 in funding to create seven affordable units in the form of rental townhouses as part of a project which will total 38, three-bedroom units.

Earlier this year, Alexander Muskoka (Gravenhurst) Inc. was awarded $480,000 towards the construction of six affordable housing retirement suites.

There is still $10,020 left in the MAHIP budget.