Cota is committed to doing whatever we can to secure safe and affordable housing for the people we support. In light of the rental market in Toronto being very expensive and the vacancy rates being extremely low, Cota is now turning its mind to affordable housing acquisitions and developments.
Further, if we are successful in acquiring and/or developing new affordable housing, Cota would own the housing and ensure that it is used, in perpetuity, to fulfill our mission.
We are happy to report that the City has awarded Cota OPHI funds to assist with our first housing site. Presently, we are in the process of finalizing the acquisition of the property, which should take place by the end of January 2020. Following that we will need to complete some minor renovations to the site in order to get it ready for occupancy. We hope to be able to open the site in May 2020.
Interested in supporting Cota as We Explore Affordable Housing Acquisitions & Development projects?
Cota is turning its mind to affordable housing acquisitions and development projects. And we are now reaching out to our community for support in generating leads to people and/or organizations that might be interested in helping us pursue this goal. Click this survey link to submit contact details:
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