Provincial Government Investing $3,011,250 to Build More Homes In Peterborough
/The Ontario government is investing $3,011,250 in water infrastructure to help build approximately 1,400 new homes in the City of Peterborough, announced beside the Maria Street bridge on Monday afternoon.
MPP Dave Smith (left) and Mayor Jeff Leal (right) before the media beside the Maria Street Bridge on Ashburnham Road. Photo by David Tuan Bui.
Funding is being delivered through the province’s Housing-Enabling Water Systems Fund (HEWSF), a stream of the Municipal Housing Infrastructure Program (MHIP), according to Dave Smith, Peterborough-Kawartha MPP.
“Our government is committed to building a stronger, more prosperous Peterborough, and this investment is a clear demonstration of that commitment,” he said. “By providing the foundational infrastructure to enable 1,400 new homes, we are not only addressing our housing supply needs but also stimulating economic growth and creating jobs right here at home. This is about building a community where future generations can live, work, and thrive.”
The City of Peterborough will use the funding for the Eastern Trunk Sani-Sewer project, which is intended to serve the Liftlock growth area. According to Mayor Jeff Leal, the project aims to improve water and wastewater infrastructure to support the city's growth and housing development goals.
“The Eastern Trunk Sani-Sewer project will ensure that we have the critical infrastructure in place for sustainable growth as we continue to meet our housing targets,” said Leal. “This funding is a vital step toward building a thriving, resilient community where families can put down roots and businesses can grow.”
@ptbo_canada The Ontario government is investing $3,011,250 in water infrastructure to help build approximately 1,400 new homes in the City of Peterborough. #ptbocanada #peterborough #journalism #news #fyp ♬ Best One Yet - Layup
