Latest news with #mixedincome
CBS News
24-06-2025
- Business
- CBS News
Oakland County officials introduce new apartment complex in Pontiac
Two shot near Detroit fireworks; and more top stores Two shot near Detroit fireworks; and more top stores Two shot near Detroit fireworks; and more top stores A mixed-income housing development has opened in Pontiac, Michigan, providing 72 new apartments with the support of public-private financing. Oakland County Executive Director Dave Coulter and other local officials hosted a ribbon cutting and grand opening ceremony Monday for the project. Westwood South Apartments are on the site of the former Midwestern Baptist College in Pontiac. The project was supported by a $2.5 million loan from the Oakland Together Housing Trust Fund, which directs its financial efforts toward affordable housing and livable neighborhoods. "This is what progress looks like, public and private partners coming together to create affordable housing that offers stability for our residents," Coulter said. Construction at the Westwood South apartments in Pontiac, Michigan. A ribbon cutting and grand opening took place June 23, 2025. Oakland County Michigan Westwood South features a mix of one and two-bedroom apartments, including in-unit washers and dryers, private balconies or patios, and ADA-compliant accessibility features. Those with housing choice vouchers or assistance such as Veterans Affairs Supportive Housing are among those who can live there. "Our goal was to create a place where individuals and families, no matter their circumstances, could feel at home and supported," said Bill Chalmers, managing partner of Westwood Apartment Communities. The newly constructed Westwood North apartment complex is nearby. Both complexes are seeing "extremely high demand," the management company says on its website. The residents who have moved in at Westwood South include Navy veteran Frank Bell, who is working with the Veterans Affairs Supportive Housing program. "I've lived in Pontiac all my life and I'm grateful to be able to remain a Pontiac resident because of the Westwood community and support from Oakland County and VASH," Bell said. "It gives me peace of mind to stay in the city I love so much." Another family that moved in, officials said, is a mother and child who recently moved out of a shelter situation. The Oakland County Housing Trust Fund launched in 2023 and so far has directed more than $18 million to projects that support and preserve affordable, attainable and workforce housing.
CBC
06-06-2025
- Business
- CBC
16-unit affordable housing project breaks ground in Mount Pleasant neighbourhood
A new mixed-income affordable housing project broke ground in a northwest community on Thursday as the mayor highlighted Calgary's top spot in national housing starts. "For too long, affordable housing has been framed as something that cities simply cannot afford," Mayor Jyoti Gondek told reporters at the groundbreaking. "Here in Calgary, we are shifting that narrative because the truth is, we can't afford not to be investing in homes like this. We are putting dignity first." Sitting on the former site of St. Joseph School, the 16-unit mixed-income project will provide homes for about 45 people, with a planned opening in the summer of 2026. The head of Calgary Housing says the approach to subsidized housing has changed. "People from a variety of backgrounds will be able to live here and engage in this community as well as pursue their financial opportunity and success," Sarah Woodgate said. "That is why every home for affordable housing matters. All maintenance and other costs are covered through the rent revenue." Rent is pegged to income, so some people will pay more. "To increase affordable housing supply, you need three ingredients: land, predictable funding, including capital and financing, and also streamlined government processes," she said. $7.9M project, with $5.2M from province, federal government The project sits on city-owned land with funding and support from all levels of government. It'll cost about $7.9 million, with the province kicking in $3.7 million and another $1.5 million from a joint provincial-federal program. Current Calgary Housing works with about 27,000 residents, with a goal of 40,000. There are 680 homes under construction, with a future goal of 3,000. Gondek said cities across the country are looking at Calgary's model. Calgary's new housing starts tops the nation at about 14 per cent, and account for 55 per cent in the province, she said. "Every community should have a variety of housing so people can age in place, so people's adult children can live in the same neighbourhood they live in, and we can all have a great quality of life," the mayor said. Terry Wong, councillor for the area, Ward 7, said the location next to a dog park and playground has been welcomed by the community. "When I talk to the Mount Pleasant Community Association and the residents here, they want population, they want diversity, because that's what makes a community what it is," Wong said.
CBC
14-05-2025
- Health
- CBC
London's largest affordable housing development will soon be opening model suits
Village SoHo is located on the former Victoria Hospital grounds in London's SoHo neighbourhood. The multi-building project includes nearly 700 mixed-income rental apartments. London Morning host Andrew Brown met with Greg Playford, a member of the London Community Foundation's Housing Action Committee, to get an update on the development.
