Old Grace Housing Co-operative Will Increase Supply of Affordable Housing

 

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Construction is expected to start later this year on a new housing co-operative in Winnipeg’s Wolseley neighbourhood. The 60-unit building will include 30 apartments earmarked for low- and moderate-income households. The Old Grace Housing Co-operative (OGHC) will be located at the site of the now-demolished Old Grace Hospital in Winnipeg’s Wolseley neighbourhood and will be ready for occupancy in early 2018.

The 30 apartments designated as ‘affordable’ are set aside for households that qualify under the province’s Affordable Housing Rental Program. Co-op President Sandra Hardy said demand had been very strong for these suites.

The remaining 30 units have no income restrictions. Hardy said that co-op housing represents another attractive option for people considering purchasing a condo or life-lease. Co-operatives are affordable and have the added advantage of full member involvement in the decision-making. Hardy said the demand for these has also been high for these units.

The environmentally sustainable building reflects the character of the surrounding neighbourhood and includes attractive common areas and amenities, landscaping and outdoor areas. Wolseley residents and community organizations have provided substantial input into the development of the building design, and many have provided supporting letters and comments at various stages of the project’s development. Hardy said “We are really encouraged by the community support we have received.”

All units will be visitable by people who use wheelchairs or walkers, and six fully accessible units are planned. The parking, service and common areas and exterior landscape are all designed to be fully accessible.

The co-op is located near numerous bus routes and offers residents easy access to numerous neighbourhood services and amenities. Peg City Car Co-op will manage two car-share locations on site, expanding their network into the Wolseley community. Secure bicycle parking and storage will also be provided.

The co-op chose to arrange its financing, which is currently being finalized, with a Manitoba credit union.

All but a few suites are allocated even though it won’t be finished for another 18 months.

www.oldgracehousingcoop.ca

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