about the project in the cities statements,
The building will include 40 new homes consisting of private studio apartments with a kitchenette and bathroom, as well as amenity spaces for tenants. These homes will be dedicated to people who are experiencing or at risk of homelessness and will be offered as Rent-Geared-to-Income (RGI) homes.
The new homes will be operated as supportive housing by an experienced not-for-profit housing provider. The City will issue a Request for Proposals for a building operator for this site by the end of 2023.
The 11 Brock Ave. project received $21.6 million in capital funding from the federal government. The City has committed $3.4 million in financial incentives such as waivers of development charges and planning and building fees and property tax exemptions.
