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County Council Approves $2 Million for Affordable Housing Builds

Thursday, 28 April 2016 06:17

Oxford County is pledging $2 million in funding to help put in 46 new affordable housing units.

WOODSTOCK - It looks like the city of Woodstock will be getting 46 new affordable homes in the near future. County Council has approved $2 million to create these housing units.

Warden David Mayberry tells Heart FM where this money will be coming from:

"$980,000 I think comes from the province, which is a part of a provincial federal grant, but the other just over $1 million actually comes from the reserves that we have built up for this specific purpose over the years."

The Harvey Woods Loft site will be getting 26 housing units as part of their second phase, the other 20 units will be located along Dundas Street. Mayberry says the county's excited to see these new housing units in the Friendly City.

"Both of these projects we hope will get started relatively soon and we look forward to having the extra housing available."

Mayberry adds these units will not just benefit Woodstock, it will also benefit the whole county.

"Those who are struggling often move to urban areas from the rural outlying areas so we know that there will be people that will move into Woodstock that will use them so it's good for the whole county."

The county's human services department determines who will be able to move into the affordable housing. More information can be found here.

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