Cobourg receives provincial money to build more homes

Ontario has announced funding of up to $25 million in water infrastructure to help with the construction of 2,266 new homes in Cobourg.

Funding is being delivered through the Housing-Enabling Water Systems Fund.

The money will be used to expand Cobourg’s wastewater system and watermains to deliver clean water to residents in the community.

The province says the project will support the development of the Cobourg East Community Secondary Plan area, unlocking more homes and supporting economic growth.

	“The Housing-Enabling Water Systems Fund will directly finance the installation of trunk sanitary sewers and water mains which is the critical infrastructure required for housing development in the Cobourg East Community Secondary Plan area under the Province’s More Homes Built Faster Act promise. This is one of the largest grants the Town of Cobourg has received in its history. We are incredibly grateful to the province for their support in the development of Cobourg’s East Community Secondary Plan area.” – Lucas Cleveland Mayor, Town of Cobourg “The Residential Construction Council of Ontario welcomes further investment from the Government of Ontario to support the infrastructure required to accelerate residential housing construction in communities across the province. Today’s commitment of up to $25 million for wastewater system expansion and watermains is integral to facilitating the construction of more homes in the Town of Cobourg. Along with more places for people to live in, this kind of investment also promotes increased economic development.” – Richard Lyall President, Residential Construction Council of Ontario (RESCON) “The Ontario Sewer and Watermain Construction Association (OSWCA) applauds the Government of Ontario’s $25 million investment in the Town of Cobourg to expand its drinking water and wastewater systems. This critical infrastructure will unlock thousands of new homes for families and support future growth in the region.” – Stephanie Bellotto Manager of Government Relations and Communications, Ontario Sewer and Watermain Construction Association (OSWCA) “The Ontario Home Builders’ Association applauds the contribution of up to $25 million from the Housing-Enabling Water Systems Fund to address service gaps and allow for another 2,266 new homes to be built in the Town of Cobourg. The Town will be using the funds to expand its water system for residents and support the development of the Cobourg East Community Secondary Plan Area to build new homes. This highlights the provincial government’s commitment to addressing the infrastructure barriers faced when building new homes, crucial to addressing the housing affordability crisis.” – Scott Andison Chief Executive Officer, Ontario Home Builders’ Association (OHBA)