County Takes Aim at ‘Housing Crisis’; Lower-Tier Municipalities to Split $7M

County takes aim at ‘housing crisis’; lower-tier municipalities to split $7M

GUELPH – Wellington County will be providing approximately $7 million to its seven lower-tier  municipalities to tackle affordable housing – but council approval didn’t come easy. The staff recommendation to allocate the funds came from a previous administration, finance and human resources committee meeting.  A lengthy county council discussion took place on May 29, with…

Portland’s affordable housing funds nearly depleted

​ At a glance: Voter-approved bonds funded 80 affordable housing projects Nearly $1 billion in bonds leveraged $3B in development Metro and Portland bond funds are nearly or fully exhausted Future funding uncertain amid rising housing needs At Glisan Landing in Portland’s Montavilla neighborhood, families have taken up residence in the Aldea building’s 96 units. Residents can enroll in an on-site preschool. Across a small courtyard, in the…