Posted Jul 3, 2021, 2:37 PM
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Wildcats Rule!!
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Join Date: Jun 2008
Location: Moncton NB
Posts: 41,029
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Moncton affordable housing group buys properties, aims to house people by September
Rising Tide has purchased three properties, will construct an apartment building
Shane Magee · CBC News · Posted: Jul 03, 2021 8:00 AM AT | Last Updated: 4 hours ago
https://www.cbc.ca/news/canada/new-bruns...3PEumkQ4VkhAaRSsXuRWz8lfvcjEJGuCzivXRix4
Quote:
Rising Tide declined to specify the exact locations of their newly acquired properties.
However, public property records show a Church Street property and a Dominion Street property were purchased in June. One is expected to have eight housing units, while the second will have seven units.
Mekni said the hope is to start moving people in by Labour Day. One of the properties requires more renovations than the other, she said. Each unit will have its own washroom, and there will be some common spaces.
A vacant lot at the northern edge of downtown Moncton has also been purchased.
Mekni said contractors are already lined up to build a 21-unit apartment building on the property. The aim is to have the building complete in December with people moving in before Christmas.
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