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CMHC's confidential Seed Loan supports pre-construction housing work in Nipissing District, aiming to tackle housing shortages and homelessness.
The District of Nipissing Social Services Administration Board has received confidential Seed Loan funding from CMHC to support pre-construction work on housing projects at four sites across the Nipissing District, including North Bay, Verner, and Whitney.
The funds will cover environmental assessments, geotechnical studies, and site investigations to prepare for future development.
Officials emphasize early investment is key to building homes that meet community needs and address housing pressures and homelessness, with the goal of long-term, sustainable solutions through collaboration.
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El préstamo confidencial de semillas de CMHC apoya el trabajo de vivienda antes de la construcción en el distrito de Nipissing, con el objetivo de abordar la escasez de viviendas y las personas sin hogar.