Tuesday, August 27, 2019
LONG-AWAITED AFFORDABLE SENIORS HOUSING OPENS
After a number of setbacks, B’nai Brith says that its second affordable apartment building for autonomous seniors in Montreal will be fully operational this fall.
The close to $28-million Château B’nai Brith at 7171 Côte-St-Luc Rd., which broke ground in late 2016, is about three-quarters occupied, said Ted Greenfield, the chair of the project.
He is confident that the 129-unit building will be full by the end of the year. In compliance with government criteria, at least half, and possibly all, of the units will be subsidized, and are available to people over 65 whose income and assets are below an established threshold.
Even the unsubsidized units have rents somewhat below what is considered market value and applicants have to meet guidelines set by the province.
Discussion about the project began soon after the first residence, the 95-unit B’nai Brith House, which is also on Côte-St-Luc Road, opened 13 years ago.
B’nai Brith believed there was a serious need for kosher housing for low- to moderate-income seniors who can live independently.
In 2016, B’nai Brith launched a campaign to raise the $3 million it is required to contribute to the project. The Quebec government has kicked in the largest proportion of the cost, with the province and federal governments providing mortgage guarantees for the remainder.
When construction of the seven-storey building began, it was expected to be complete by July 2018. That was then extended into the fall and construction issues later pushed it into 2019.
About 30 residents did move in last October because they had sold their homes or ended their leases by that time. Since February, others have been moving in.
At one point, there were about 450 people on a waiting list for consideration, said Greenfield, but they either were not eligible or made other plans due to the uncertainty over the opening date.
https://www.cjnews.com/news/canada/long-awaited-affordable-seniors-housing-opens
The close to $28-million Château B’nai Brith at 7171 Côte-St-Luc Rd., which broke ground in late 2016, is about three-quarters occupied, said Ted Greenfield, the chair of the project.
He is confident that the 129-unit building will be full by the end of the year. In compliance with government criteria, at least half, and possibly all, of the units will be subsidized, and are available to people over 65 whose income and assets are below an established threshold.
Even the unsubsidized units have rents somewhat below what is considered market value and applicants have to meet guidelines set by the province.
Discussion about the project began soon after the first residence, the 95-unit B’nai Brith House, which is also on Côte-St-Luc Road, opened 13 years ago.
B’nai Brith believed there was a serious need for kosher housing for low- to moderate-income seniors who can live independently.
In 2016, B’nai Brith launched a campaign to raise the $3 million it is required to contribute to the project. The Quebec government has kicked in the largest proportion of the cost, with the province and federal governments providing mortgage guarantees for the remainder.
When construction of the seven-storey building began, it was expected to be complete by July 2018. That was then extended into the fall and construction issues later pushed it into 2019.
About 30 residents did move in last October because they had sold their homes or ended their leases by that time. Since February, others have been moving in.
At one point, there were about 450 people on a waiting list for consideration, said Greenfield, but they either were not eligible or made other plans due to the uncertainty over the opening date.
https://www.cjnews.com/news/canada/long-awaited-affordable-seniors-housing-opens
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