The Canadian government is providing over $133 million through the Affordable Housing Fund to help build 294 affordable rental homes in Toronto.
Led by the Missanabie Cree First Nation, the new development 140 Merton Street will be a 29-story mixed-used building primarily focusing on Indigenous seniors. The building will include community spaces, games room equipped with a kitchen, dining area, and recreational amenities. Adjacent to this space is a large ceremonial and smudging room, which can be opened to create a single, expansive gathering area.
“140 Merton St. demonstrates what can be achieved when governments and Indigenous partners work together to create housing that is both affordable and community-focused,” said Toronto Mayor Olivia Chow in a statement. “Through more than $28 million in city funding and financial incentives, this project will provide Indigenous Elders and seniors with stable homes, culturally meaningful spaces and access to the supports they need. Projects like this help us deliver a more affordable, caring and safe city for all Torontonians.”
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