Monday 30 March 2015

Oxford County Council had 12 applications for grants / funding

Update on 2 affordable housing projects in Woodstock
Old factory on VanSittart & previous church on Riddell
By Mark Schadenberg
When the complex multi-layered process called government funding or grants is considered, it's often the “shovel-ready projects” which receive the go-ahead.
The County of Oxford is the administrator of affordable housing in the county, and Queen's Park had announced a deadline of Jan. 31, 2015 (from Ministry of Municipal Affairs & Housing) to utilize the cash allocated to Oxford, so last autumn county council essentially announced a contest (request for proposals) for the best project to receive funding. I know it's not really a contest and certainly not a lottery as there were a dozen applications from across Oxford in the tender system – each presenting a thorough report on their ideas.

FILTREC SCREENS
The winner was an owner of a former church on Riddell Street – across from Woodstock Collegiate Institute. A company called Filtrec Screens Inc is renovating the former house of worship into 27 apartments (20 affordable and seven at market rents), says Paul Beeton of the county. Filtrec receives more than $980,000 after being successful in this application (screening, pun intended) process.
If you have ever seen interior pictures of Central United Church (They were posted for anyone to see on mls.ca when the building was for sale, but I will still likely add one to the very end of this blog. Shhhhh!), one would have hoped for a conversion to a theatre for plays as it was almost a theatre-of-the-round. As a Realtor, I had seen many photos of the former church, but its new owner is ready to go on a conversion to (mostly) subsidized dwellings. It is truly always said that Woodstock lacks affordable residences.
Ingersoll, Embro, Tillsonburg, Thamesford and Innerkip projects were all vying for the available dollars.
The winning project was announced / approved at county council back on Jan. 28.
The good news for other developers / large-scale builders is that there will be four more deadlines in this 5-year funding exercise.



INDWELL
The reason I write about affordable housing now is that Indwell was among the 12 attempting to secure money in the county tender, and Indwell is currently in the local news as its transformation of 18 VanSittart (Old Harvey Woods plant) is almost complete. This was an energetic renovation as the former clothing factory had been vacant for about 20 years in a very visible location within the Friendly City.


Indwell is already well known in Woodstock as the administrator of the Blossom Park Road housing. Indwell, which had previously been known as Homestead Christian Care, has a projection of operating 54 units at the VanSittart site now and as many as 80 long term. The rejuvenation of the building was estimated to be around $6.5 million, as noted in previous published stories in The Sentinel-Review.
The Indwell website notes demand exists as they estimate 400 people in Oxford are waiting for affordable housing.
I certainly look forward to attending the grand opening of this good news addition to the city.
Graham Cubitt of Indwell says the Harvey Woods lofts project will assist physically challenged people and those on a fixed income, according to a 2013 statement in The Sentinel-Review:
“We are committed to serving people who are living with disability,” Cubitt said.
“Typically our tenants are living with a low income, ODSP is our tenants’ typical source of income and we made that clear.”
ABOUT INDWELL
The other truly terrific part about the Indwell construction process is the number of local contractors I have seen on site. Sierra Construction leads the list of Oxford County builders who are a part of the expertise there.
Residents may be moving in as early as May. Congratulations to the folks at Indwell, along with former Woodstock mayor Michael Harding who has been assisting in various areas on this revitalization of a 'brownfield' manufacturing building – everything from pushing a broom to acting as a delegation at Woodstock city council on zoning and site plan approvals.


LINKS:
http://www.thespec.com/news-story/4576370-new-name-new-project-for-affordable-housing-provider/
Story from before council meeting of Jan 28:
http://www.woodstocksentinelreview.com/2015/01/26/oxford-county-council-considers-affordable-housing-development-proposal
Story from 2013 announcing VanSitart project:
Council Preview Story:



Mark Schadenberg, Sales Representative
Senior Real Estate Specialist (SRES designation)
Royal LePage Triland Realty
757 Dundas St, Woodstock
www.wesellwoodstock.com
(519) 537-1553, cell or text
Email: mschadenberg@rogers.com
Twitter: markroyallepage
Facebook: Mark Schadenberg, Royal LePage Triland

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