The federal government has announced a combined investment with Quinte Senior Citizens Homes of nearly $25 million for the expansion of the Parkside Village.
Expansion of the retirement home was completed last winter with residents beginning to move in in February 2024.
Fifty-four new accessible units were added, bringing the total to 84 units for seniors.
Funding for the project is broken down as follows:
- $19.9 million from the federal government through the Affordable Housing Fund
- $5 million in land equity from the Quinte Senior Citizens Homes
“The Board of Directors of QSCH Parkside Village, are very pleased and thankful to everyone who have helped in making the new addition to our building at 193 North Park St. a reality,” Bill Doef, president of Board of Directors for Quinte Senior Citizens Homes said in a press release.
“Our new beautiful 54-unit, not-for-profit seniors apartment complex was completed in January 2024. As of June 19, 2024, we are 100% occupied. Together with the original Parkside Village, we now provide 84 units in total. Having an affordable place to call home leads to a happier life and produces outcomes most take for granted. The ability to spend more income on nutritious food, more time spent with friends and loved ones and more access to activities to promote healthy living. We love our community and the people that live here make it home.”