The province and the federal government have both announced local housing investments in Owen Sound.
Bruce-Grey-Owen Sound MPP Bill Walker announced the funding in a release on Friday, as the provincial and federal governments have approved funding of $9.6 million to establish 71 affordable housing units in Owen Sound.
The project is known as Odawa Heights, and the first two phases feature 28 affordable housing units in a 36-unit development. Residents moved into their new homes in 2018 and 2019. The provincial and federal governments invested just over $3.4 million in this stage of the project.
Phase 3 will begin construction this spring, and will feature 54 new homes, 43 of which will be affordable housing. The two governments will be investing roughly $6.2 million in this phase of Odawa Heights.
The funding from the province and Ottawa is coming from the Canada-Ontario Community Housing Initiative and the Ontario Priorities Housing Initiative.