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Waterloo Region Connected  /  Urban Issues  /  Urban Issues v  /  Federal funding for affordable housing


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Federal funding for affordable housing
tomh009 Offline
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#9
10-28-2020, 05:45 PM
(10-28-2020, 05:06 PM)panamaniac Wrote: Has there been anything to suggest that the Region might buy any hotels for conversion to low-cost housing?  I imagine there could be a few places that owners might like to unload at the moment ...

Not yet, at least. The question is, which hotels could be candidates? Am assuming higher-end hotels and recent builds/renos are unlikely. Maybe some of the below?
  • Waterloo (Motor!) Inn
  • Best Western Plus Waterloo
  • Victoria Motel (only 21 rooms though)
  • Quality Inn
  • Radisson
  • Cambridge Hotel
I have no idea whether any of these are realistic options, but certainly the hotel business has been suffering -- and there is no quick turnaround in sight.
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RE: Federal funding for affordable housing - by tomh009 - 10-28-2020, 05:45 PM

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