PEI

City of Summerside pursuing affordable housing for downtown

​Chief administrative officer of Summerside Bob Ashley said the city wants to construct affordable housing downtown.

'Trying to revitalize the downtown is a priority,' says Summerside's CAO

Ashley said the city would like to seek funding from the Affordable Rental Innovation Fund — a $200M fund to build innovative and affordable housing. (Google Maps)

​Chief administrative officer of Summerside Bob Ashley said the city wants to construct affordable housing downtown.

Earlier this week, the city sent out an expression of interest for developers to pursue the city's first affordable housing project.

"We're looking for that expertise to come on board and guide us," Ashley said.

Revitalizing the downtown 'a priority'

"There is no specific site, but it would be contained to the downtown waterfront area, or even tighter than that — the business improvement area," Ashley said.

"Like many towns across the country, trying to revitalize the downtown is a priority. To do that you need bodies walking to and fro, recreating and working downtown."

Ashley said the city would seek funding from the Canadian Mortgage and Housing Corporation (CMHC) — a crown corporation that invests in affordable housing. 

The corporation's $200M Affordable Rental Innovation Fund is a program that looks for housing solutions that are affordable but innovative when it comes to energy and design.

The deadline for developers to express interest is Aug. 11.

With files from Laura Chapin

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