CAMBRIDGE, ON – The Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion, Bryan May, Parliamentary Secretary to the Minister of National Defence and Member of Parliament for Cambridge, Steve Clark, Ontario’s Minister of Municipal Affairs and Housing, Karen Redman, Chair of the Region of Waterloo, and Kathryn McGarry, Mayor of Cambridge, announced over $18 million in funding to support 55 new homes in Cambridge, ON.
The Government of Canada is investing nearly $15 million to support this project. The provincial government is contributing almost $1.4 million through IAH and more than $280,000 from the Social Infrastructure Fund, while the Region of Waterloo is contributing $634,520 and the City of Cambridge is contributing $700,000.
The new mixed-income residential building is located at 195 Hespeler Road and was developed by Home Concept Property Management. It will feature affordable units with visiting support services reserved for individuals with mental illness, physical disabilities, and Indigenous groups in Cambridge. Accessibility is central to the design of the building – which will include units with universal design, fully accessible units, and common areas with accessibility features.
The project broke ground in the Spring of 2021 and is expected to be complete in Spring 2023.
