Ontario Construction News staff writer
Habitat for Humanity GTA wants to build a 66-unit affordable homeownership development at 521 Rossland Rd. W. in Ajax with three-storey, stacked back-to-back townhouses. Habitat GTA has selected the site in partnership with the Town of Ajax for a project described as one of the largest affordable homeownership projects in Ontario.
“Bringing affordable homes to Ajax is more than a housing project, it’s an investment in people, families and the future of our community,” said Ajax Mayor Shaun Collier. “As Ajax continues to grow, partnerships like this help ensure more residents have access to affordable housing and the opportunity to put down roots and thrive. “The Town is proud to work alongside Habitat for Humanity GTA and our federal and provincial partners to make innovative housing solutions a reality.”
Ajax council approved $9 million for the project in June, including $7 million for the land sale and $2 million for project advancement costs. Funding is supported by the town’s allocations from the provincial Building Faster Fund, the federal Housing Accelerator Fund and the town’s Strategic Initiatives Reserve.
Habitat GTA would establish household income eligibility, with maximum household income expected to be about the 60th percentile for Ajax.
Eligible household incomes are anticipated to range from about $70,000 to $130,000. Housing costs would be capped at 32 per cent of household income, including mortgage payments, condominium fees, property taxes and home insurance.
“Over these past several years, Habitat GTA has significantly increased the number of affordable homes we have been delivering in Durham Region,” said Ene Underwood, Chief Executive Officer, Habitat for Humanity GTA. “We are thrilled to have the opportunity of this transformational project in Ajax. We commend the Town of Ajax for the foresight and spirit of partnership that is making this project possible. “More than anything, we look forward to unlocking doors to a brighter future for more than 60 new Habitat homeowners in Ajax.”
The proposed development is subject to the planning and approval process.
