Belleville is receiving $801,040 from the provincial government’s second round of the Building Faster Fund for meeting 97 per cent of its 2024 housing target.
The city broke ground on 250 homes last year.
The Building Faster Fund provides funding to municipalities that achieve at least 80 per cent of their provincially-designated housing targets.
Belleville has committed to building 3,100 new housing units over a 10-year period.
Mayor Neil Ellis says the $800,000 will go towards the Avonlough Sewage Pumping Station and Conveyance System project, which currently represents the city’s largest residential growth initiative.
“I want to thank Mayor Ellis, along with all the mayors and local councillors across Ontario, who are taking bold action to get shovels in the ground faster,” said Graydon Smith, Associate Minister of Municipal Affairs and Housing. “Through the Building Faster Fund and our historic investments in infrastructure, our government is giving municipalities every tool in our toolbox to build more homes, so families in Belleville and across our province can find a place to call home.”
Ontario is investing nearly $21 million in the County of Hastings through the Municipal Housing Infrastructure Program to enable the construction of over 6,000 new homes. This includes more than $1.25 million for the City of Belleville.
| “As the City of Belleville continues to rise to the call to increase housing supply through new starts, it requires support to modernize and expand infrastructure,” said Bay of Quinte MPP Tyler Allsopp. “Triggered by its progress in 2024, our government’s investment of $801,040 through the Building Faster Fund will ensure the city can plan and build as it grows, strengthening our regional economy.”
Ric Bresee, MPP for Hastings-Lennox and Addington said, “The Ontario government is active and committed in its drive to ensure an adequate housing supply. I continue to be grateful for the great relationship between the province and our municipal partners. This funding announcement highlights the residential growth achieved in the Belleville area, and even more so, highlights what can be achieved when all levels of government work together.”
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