Cornerstone project on Princeton wins funding

We received word yesterday that the Cornerstone project at the Sisters of Jeanne D'Arc Institute on Princeton was chosen as one of three Action Ottawa affordable housing projects in the most recent round. I'm very pleased with the news. We last looked at this in October, and had the opportunity to show the concept at a well-attended open house. Briefly, the funding would be used to create 42 bachelor suites of supportive, affordable housing for women in the current building. The rest of the Sisters' property would be developed with around 16 private market homes, mostly semis.

The funding announcement doesn't automatically mean the development will proceed as it was shown to us last October. The Uniform and Cornerstone projects on this property are inter-linked, and the private component will require a re-zoning that will be subject to the usual approvals process, including consultation. I was pleased to kick that off pre-application last fall, and anticipate that we'll hold another open house once the application is filed.

Also approved in this Action Ottawa round were proposals for a Youth Services Bureau residence and services hub at 2887 Riverside Drive, a seniors housing expansion in Sarsfield, and mixed-income building for seniors, including aging-in-place services, proposed for 567 Cambridge St.