Kensington Market parking lot to be turned into affordable housing

  • 📰 CP24
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 67%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The city says that it is moving forward with two affordable housing projects – one of them a plan to turn a parking lot in Kensington Market into affordable housing, even though the project is not fully funded yet.

The city says the project in Kensington Market will put 78 new homes at 35 Bellevue Ave., with a mix of private studio and one-bedroom apartments. The building will include amenities such as shared laundry, a communal kitchen and programming spaces for residents.

"There is a desperate need in this city for affordable housing and this is going to be a wonderful new affordable housing development," Coun. Dianne Saxe said at the announcement.Chow said the project is not specifically to house those individuals, but she said some of them are likely on the 26,000-person waiting list to receive supportive housing.

Through the Toronto Parking Authority, the city is donating $3.6 million worth of land for the project while Section 37 contributions are being used to enhance the climate performance of the building by using mass timber building technology as well as other technologies. The federal government has already kicked in $21.6 million for another project that will see 42 new rent-geared-to-income and supportive homes for people experiencing or at risk of homelessness at 11 Brock Avenue in Parkdale.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 30. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Market rotation, interest rates, copper crash: Market TrendsMarkets (^DJI,^GSPC, ^IXIC) pulled back in Friday trading, burdened by declines in chip stocks and investor rotations out of Big Tech into small-cap stocks, ...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Visa earnings, job market, stock market trends: Asking for a TrendToday's episode of Asking for a Trend, hosted by Josh Lipton, delves into earnings reports, market movements, and wage growth trends. The spotlight is on...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Saslove's Meat Market closing after 70 years in Ottawa’s ByWard MarketSaslove's Meat Market, one of the ByWard Market's oldest businesses, has announced it will be shutting its doors.
출처: ctvottawa - 🏆 29. / 67 더 많은 것을 읽으십시오 »

Saslove's Meat Market latest departure from a changing ByWard MarketJohn Diener is planning to close down Saslove's Meat Market at the end of September, ending the butcher shop's 70-year run in the ByWard Market.
출처: CBCOttawa - 🏆 68. / 51 더 많은 것을 읽으십시오 »

Tech market concentration is the main market issue: StrategistEquity markets (^DJI, ^IXIC, ^GSPC) are recovering following a three-day plummet driven by recession fears. The tech sector bore the brunt of the downturn...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

US corporate bond market issuance set to slow amid market volatilitySome corporate bond issuers are expected to delay sales this week, after market volatility caused investors to trim corporate bond holdings in favor of safer...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »