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Oxford County Provides Affordable Housing Update

Photo provided by Pixabay.com

Construction has wrapped up on Southwood Way and shovels will hit the ground for another project on Springbank Ave North next month.

OXFORD - Oxford County is shining a light on two affordable housing projects in Woodstock.

In a recent press release, the county stated that the Woodstock Non-profit Housing Corporation project on Southwood Way has completed construction and occupancy is underway for the 52-unit apartment building. It has 37 one and two bedroom affordable units geared towards seniors and single women with and without children. 

The provincial and federal governments jointly invested $1.92 million to support 19 of the affordable units.

The county also shared that construction will begin for another affordable housing project on Springbank Ave North next month. The 45-unit apartment building will have 23 affordable units, thanks to the Afro-Caribbean Business Network. 

This project received joint funding of $1.11 million from the Ontario Community Housing Initiative and the Ontario Priorities Housing Initiative for 11 of the affordable units.

Both projects align with the county's Housing for All - Housing and Homelessness Action Plan. The county's investment towards housing initiatives has more than doubled in recent years, from $5.7 million in 2022 to $13.0 million in 2026.

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