Despite not securing a multi-million-dollar grant, a St. Thomas, Ont., non-profit is still determined to get its tiny affordable homes project off the ground.
The YWCA St. Thomas-Elgin says its application for an $8-million grant with the Canada Mortgage and Housing Corporation (CMHC) for its rapid housing initiative was declined.
YWCA executive director Lindsay Rice tells Global News her CMHC rep told the St. Thomas team they had a very competitive bid, but there was one category where they lagged behind others.
“CMHC allocates additional points to the communities they believe are in the deepest need for affordable housing,” said Rice. “Unfortunately, we just weren’t awarded those points in that area even though we know how much of a housing crisis St. Thomas is faced with right now.”
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Global News
July 18, 2023