Indwell to Receive Funding for Harvey Woods Lofts

WOODSTOCK, ONTARIO--(Marketwired - July 24, 2015) -

Another 26 households in Oxford County will benefit from Indwell's new Harvey Woods Lofts thanks to joint funding from the Governments of Canada and Ontario through the Small Communities Fund.

Indwell's new Harvey Woods Lofts initiative of 80 apartment units includes the remediation of a knitting mill and surrounding land to convert the historic brick building into a high-quality living environment for tenants needing affordable housing with supports. This project will add an additional 26 units to the 54 which are nearly ready for occupancy.

The $1-billion Small Communities Fund provides funding for priority public infrastructure projects that deliver on local needs. Canada and Ontario will each provide $272 million to support projects in communities across the province with fewer than 100,000 residents. This funding will help address local priorities, supporting job creation and economic growth, thus sustaining a high quality of life in small communities across Ontario for years to come.

Quick Facts

• The Government of Canada will provide up to $1,929,350 through the Small Communities Fund for this project.
• The Province of Ontario will contribute up to $1,929,350 to this project.
• Indwell will be responsible for all remaining costs of the project.

Quotes

"We are pleased to invest in projects such as Harvey Woods Lofts that will benefit our community by improving much needed local infrastructure.Our Government's commitment to municipalities, big and small, has never been stronger. Through the New Building Canada Plan Small Communities Fund we are investing in priority infrastructure projects that have a strong impact on the quality of life of Ontario's residents while helping job creation and economic growth."

Dave MacKenzie, Member of Parliament for Oxford, on behalf of the Honourable Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs, and Minister of the Economic Development Agency of Canada for the Regions of Quebec

"Today's investment addresses an important local need by converting the historic Harvey Woods knitting mill into high-quality affordable housing It's part of the largest infrastructure investment in Ontario's history -- more than $130 billion over 10 years - which is supported by a number of initiatives, including unlocking the value of public assets to help make investments in transit, transportation and other priority projects. Through the construction of important infrastructure projects like this one, our government is demonstrating our commitment to building Ontario up by keeping our communities strong and creating new jobs."

The Honourable Deborah Matthews, Deputy Premier, President of the Treasury Board and Minister Responsible for the Poverty Reduction Strategy

"We are thrilled to work with all levels of government to provide high quality affordable housing to some of our most vulnerable neighbours - those with disabilities. The supports of our skilled staff will provide an additional 26 tenants the opportunity to experience hope and a home, often for the first time. As a charity Indwell relies on partnerships with governments, generous donors and volunteers to offer solutions to those living in poverty with disabilities."

Jeffrey Neven, Executive Director, Indwell

Associated Links

To learn more about the Government of Canada's infrastructure programs, including the Small Communities Fund, please visit http://www.infrastructure.gc.ca/plan/nbcp-npcc-eng.html.

To find out more about Ontario's infrastructure programs, including the Ontario Community Infrastructure Fund, visit http://www.moi.gov.on.ca/en/infrastructure.

To learn more about Indwell, please visit http://www.indwell.ca.