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OTTAWA\u00a0\u2014 The Ontario government has announced it is partnering with the City of Ottawa and Habitat for Humanity Greater Ottawa to build 33\u00a0modular townhomes at 40\u00a0Beechcliffe St.<\/p>\n
The site is surplus lands from the City of Ottawa and was deemed appropriate for the construction of modular homes.<\/p>\n
\u201cLessons learned through the construction of these homes will inform the ongoing work the province and its partners are doing to support modular homebuilding in Ontario and keep the dream of homeownership alive,\u201d states a release.<\/p>\n
Home prices at 40\u00a0Beechcliffe St. will be set to reflect prices home buyers can afford. The homes themselves will include three\u00a0to four\u00a0bedrooms and will require no down payment. Mortgage payments will be geared to household income.<\/p>\n
Currently, the ground is being prepared for construction with sales expected to begin in early\u00a02026.<\/p>\n
Ontario is investing $3.4\u00a0million in the project and the City of Ottawa is putting forth $6\u00a0million, including $3\u00a0million in funding that was awarded to Ottawa through the province\u2019s\u00a0Building Faster Fund<\/a>.<\/p>\n To date, Ottawa has been awarded $37.5\u00a0million through the Building Faster Fund.<\/p>\n Interested homebuyers can submit an Expression of Interest on\u00a0Habitat Greater Ottawa\u2019s website<\/a>\u00a0to learn about eligibility requirements, the release adds.<\/p>\n Habitat for Humanity Greater Ottawa will be responsible for reviewing applications from potential homebuyers, determining eligibility and administering sales.<\/p>\n<\/p><\/div>\n