Public meeting February 7 for Monaghan Road affordable housing development

Peterborough, ON - A public drop-in meeting to share the design of a proposed multi-storey affordable housing development at 681 Monaghan Rd. will be held at the Healthy Planet Arena banquet hall on Tuesday, February 7, 2023 from 5:30 p.m. to 7:30 p.m. Members of the community are invited to stop in for an update on the project and the project team will be available to answer questions.

The planned development would be built by the City of Peterborough’s new housing development corporation on Monaghan Road, between Gillespie Avenue and McKellar Street. Preliminary plans are for a building that could be six-storeys with 53 units, including 37 one-bedroom units, 11 two-bedroom units, and 5 three-bedroom units.

The project is in the preliminary design stage. Construction could begin by early summer of 2023 and be completed by summer 2024, depending on funding applications.

Information on the project is posted at connectptbo.ca/affordable-housing-project, where residents can post comments and ask questions about the affordable housing development. The project team will respond to questions submitted through the project page. Submitted questions and responses may be shared for others to see on the project page without identifying the person who submitted the question as a way to help others who may be asking the same questions.

The City acquired the property in November 2020 with the intent to develop it for affordable housing. To prepare for the new affordable housing development, the existing former building was removed early 2023.

The City of Peterborough is the service system manager for social housing for the City and County of Peterborough. It administers funding for about 2,000 social housing units owned and operated by 16 non-profit organizations and Peterborough Housing Corporation.