SHARE ON: Photo supplied by: Habitat for Humanity
The District of Muskoka has signed a $155,300 funding agreement to help Habitat for Humanity Ontario Gateway North’s affordable housing project in Bala.
“We’re absolutely delighted,” Habitat’s CEO Kimberley Woodcock says, adding that this is a continuation of the partnership that they have with the District. The funding is coming from the Ontario Priorities Housing Initiative.
Habitat bought a property in Bala a few years ago and has been working on a plan to develop it into affordable housing since. Woodcock says two homes will be built in a semi-detached building, “The operating model will be deferred homeownership, which means we’re offering affordable rental for some years and then we will transfer the opportunity to an affordable homeownership opportunity.”