Feds to spend $3.65M on 42-unit affordable housing project in Ottawa

Shepherds
Shepherds

The Shepherds of Good Hope will receive more than $3.65 million from the federal government for a new project to provide housing for Ottawa’s homeless population.

The feds announced the funding Monday for the Shepherds’ Montreal Road Supportive Housing Build. The contribution comes from the National Housing Co-Investment Fund, a 10-year, $7.45-billion investment plan announced in May of last year. In order to qualify for the program, projects must have a minimum of 20 affordable units and include a 25 per cent decrease in energy consumption and emissions in relation to the latest national energy code.

The $11-million Montreal Road project, which has also received funding from the province and city, will provide 42 affordable housing units to individuals facing ongoing homelessness and who require 24-hour access to health services, as referred by shelters in the city.

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The Shepherds of Good Hope broke ground on the four-storey building, located at 765 Montreal Rd., late last month. The build will be the Shepherds’ fifth supportive housing residence and is expected to be ready for occupancy in early 2020.

OBJ’s 2018 Giving Guide reported that Ottawa lost 7,000 affordable housing units priced below $750 per month between 2011 and 2016 – either due to rent hikes, demolition or repurposing – but gained only 1,033 over the same period.

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