Wit Ventures: Sarnia Approves Affordable Housing Project.

Friday, 30 November 2018

Sarnia Approves Affordable Housing Project.

Sarnia has approved a new affordable housing complex for the former High Park United Church in central Sarnia.

R4 Developments will build about 30 one-bedroom units inside the church building and in a new addition to rise beside it.

The application now goes to Lambton County council for final revisions and approvals.

Water and sewer upgrades might also be necessary before construction can begin, he added.

In a best-case scenario, the developer could begin work as early as next spring with a fall competition date, said city planner Jordan Fohkens.

The project is part of a federal Canada Mortgage and Housing Corporation investment designed to offset rising housing costs, he said.

The average rental price of a one-bedroom apartment in Sarnia is $880, but can go as high as $1,500, according to RentBoard.ca

Link to the rest here.

Image. Zach Neal

Thank you for reading.

No comments:

Post a Comment

Shirley D. Neal

Shirley has over 30 years of experience in such diverse businesses as financial planning, manufacturing, and supply. Her education includes a B.A., B.ED., M.ED., C.F.P., N.L.P. and the home inspector’s course as well as having her AZ license for five years. Her family home has given her and her husband the opportunity to do extensive renovation and repairs thereby increasing the value about $100,000 in ten years. She has been able to see firsthand how much a sensible and cost efficient renovations can add to the value of a home. Shirley has chosen joint ventures because she thinks that her experiences an help others achieve their goals and maximize the profits for both parties. In 1979, Shirley became involved in a small group of women who started a metal manufacturing company making small deep drawn metal parts for the automobile companies in Windsor. They took the company from start up to over $400,000 in sales in five years. That was a lot of parts since the parts sold for only five cents per each. In 1985 they sold the company to one of their customers. Whether it was selling mutual funds, teaching foster parents how to recruit foster parents, or working for Tony Robbins, Shirley has put more than 100 percent into every endeavour she was involved in.