Kitchener non-profit to head ‘deeply affordable’ housing project in Guelph

Kitchenernon-profitThresholdsHomesandSupports willbeheadinganaffordablehousingprojectforseniorsinGuelph. TheCityofGuelphannouncedthepartnershipinanewsreleaseThursdaythatthey’veselectedThresholdsHomesandSupportsto“buildandoperate13deeplyaffordablerentalunits”at14EdinburghRoadS.inGuelph. “Affordablesupportivehousingforseniorsisexactlywhatourcityneeds,”GuelphMayorCamGuthriesaidinamediareleaseabouttheproject. “Thisurgentneediswhycouncilunanimouslyapprovedusingthiscurrentunderperformingpieceofcity-ownedland,whileleveragingthefederalHousingAcceleratorFundprogram,togetthisprojectunderway.” Thecitywillbecontributingnearlyhalfanacreofcity-ownedlandfortheproject.Theprojectwillreceiveupto$1.5millioninfederalfundingviatheHousingAcceleratorFund. ‘Deeplyaffordable’housingThe13-unithousingprojectwillprovide“deeplyaffordable”housingtoseniorslivingwithme