Housing Accelerator Fund money now available from city

THUNDER BAY – The City of Thunder Bay says grants through its $20.7-million Housing Accelerator Fund are now available.

Under the affordable rental housing funding program, grants will allow not-for-profit corporations to support up to 38 new, affordable rental units and new, affordable housing for low- and moderate-income households. The money is intended to help offset some of the capital costs to construct affordable units and market units in Thunder Bay.

The grants fund up to $20,000 for single-bedroom units and $30,000 for two or more bedrooms to build new residential units, up to $100,000 per property.

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