Oxford County is set to be a significant player in helping Homstead Christian Care open and operate new affordable housing in Woodstock. Council will be asked to approve one-time funding of $725-thousand to support the creation of 14 of 54 affordable housing units at the former Harvey Woods Building. That would be on-top of $236,880 in annual funding to support the operation of 40 units for up to 25 years; and $120,000 in annual funding to support employment opportunities for ODSP clients. Thursday night, city council approved the zone change for the property. Director of Projects & Development Graham Cubitt says it's a project that will have an impact for years to come. "As our population ages, issues of chronic disease or conditions which really affect people's mobility increases, that down the road there may well be need for more accessible units in our community. And especially being in the downtown core, it's a very convenient location to live; very easy access to pharmacies, medical services and all the shops". But, it is a major project to restore the former hosiery factory. The capital costs are expected to be in the $9.3-million range. That would include a $1.275-million fundraising campaign. The former owners of the building are donating $750,000. (Full breakdown in the pie chart on right) Former Woodstock Mayor Michael Harding who is heavily involved in the project says they're also looking to give the building its history back. "It all came to an end in April 1990 when about 600 people all lost their jobs. I am recovering most of those stories, anything I can lay my hands on, especially pictures of this site. So that is one part of our venture is to reclaim part of this lost history".