Downtown Stouffville will soon be home to its first family-focused affordable housing building.
The Whitchurch-Stouffville Community Housing Development project, located at 5676 Main St., will offer one-, two- and three-bedroom units to address the needs people from a range of economic backgrounds, including women and their children, families, seniors and those living alone.
“Addressing housing affordability requires innovation solutions, collective action and the support of all levels of government,” says Whitchurch-Stouffville Mayor Iain Lovatt, who also serves as Vice-Chair of Housing York. “Providing affordable housing options in downtown Stouffville is an excellent example of how all levels of government can come together to make a positive impact on our residents.”
The 141-unit rental project is expected to be completed by summer 2024. It received $11.4 million in federal funding through the third round of the Rapid Housing Initiative, $7.5 million through the National Housing Co-Investment Fund and more than $13 million through the Investment in Affordable Housing Extension and the Ontario Priorities Housing Initiative, including $2 million in administrative funding. York Region is providing more than $16 million in capital investment.
“Investing in housing makes a significant difference in the lives of Canadians and their communities,” says Markham-Stouffville MP Helena Jaczek. “Housing is a foundation for Canadians to build better lives for themselves. These types of investments will bring about positive change in communities across Canada, including right here in Whitchurch-Stouffville.”
The governments also announced a second project, Inn from the Cold Transitional Housing on Yonge Street in Newmarket. The three-storey building with 44 beds for both emergency and transitional housing will provide housing for the community’s most vulnerable and is expected to be complete by fall 2024.
