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Article content The federal government is investing $23 million in a 103-unit multi-level housing complex now nearing completion at 135 Station Street in Belleville to help ease the city’s housing crisis. The funds will be flowed through an insured loan by Canadian Mortgage and Housing Corporation (CMHC) to complete the six-storey Magnolia Garden Residence under construction by local developers KGF Capital Realty. We apologize, but this video has failed to load. Try refreshing your browser. Feds loan $23M for new 103-unit housing complex in city Back to video The multi-million dollar inve...

  TECUMSEH, ONT. -- A new 6-storey, multi-residential building consisting of 99 residential units will soon be constructed at 11870 Tecumseh Road E. The Government of Canada announced Tuesday it will loan money of the rental units at the cost of $25.27 M. The units are part of a new project, titled Tecumseh Gateway Tower. Fourteen units will be one-bedroom and the remaining 85 will be two-bedroom units. The building will also feature several amenities, including a gym and an outdoor landscaped area. A minimum of 31 units will have rents affordable at or below 30% of Household Median In...

Share this article Share this article TECUMSEH, ON, May 25, 2021 /CNW/ - Every Canadian deserves a safe and affordable place to call home. Thanks to investments made by the Government of Canada, residents of Tecumseh will now have more stable rental housing options. Government of Canada (CNW Group/Canada Mortgage and Housing Corporation) Today, the Honourable Ahmed Hussen, Minister of Families, Children and Social Development and Minister responsible for Canada Mortgage and Housing Corporation (CMHC), alongside Irek Kusmierczyk, Parliamentary Secretary to the Minister of Employment, Workforc...

Housing construction 10-20% up since year start – FIMA 2 min read The volume of housing construction in Ukraine depending on the region for the first quarter of 2021 increased by 10-20% compared to the fourth quarter of 2020, General Director of the Finance and Investment Management Association (FIMA) Viktoria Volkovska has told Interfax-Ukraine. "We have analyzed dozens of housing objects working with the Construction Financing Funds. There is an increase in activity in all regions, the most noticeable in Lviv region, where the volume of construction work increased by more than 20%...

Churchill Stateside Group Closes Private Tax Exempt Loan providing $9.5M in Construction Financing and a $5.1M Permanent Loan Commitment. Share Article Private Tax Exempt Loan for Filbin Creek Apartments, an Affordable New Construction project in North Charleston, South Carolina. Churchill Stateside Group Closes Private Tax Exempt Loan providing $9.5M in Construction Financing and a $5.1M Permanent Loan Commitment. We are very pleased with how well our PTEL program has been received in the market and fully expect the demand for this program to continue to grow in this rising interest rate env...