The federal government is investing about $11 million in three social and affordable housing projects for disadvantaged women in St. John’s.
The projects contain about 35 residential units operated by non-profit groups Stella’s Circle and Choices for Youth. Ottawa is providing the funds through the Canada Mortgage and Housing Corporation’s Rapid Housing Initiative cities stream.
In some cases, the Newfoundland and Labrador government, City of St. John’s and non-profit groups have also invested.
Some of the federal funds will support groups that assist women dealing with homelessness, fleeing domestic abuse and rebounding from prior brushes with the criminal justice system. Other federal money will fund developments aiding at-risk and young pregnant and parenting mothers between the ages of 16 and 29.
The projects include a 15-unit complex that includes six homes built through the renovation of a former office building and nine units constructed through a new extension of it. Ottawa also contributed to the development of six completed and operating homes and the completed and fully occupied Young Parents Centre.
Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate.
Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s.
In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star.
Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.