YW Kitchener Waterloo offers more housing options to single mothers
CBC
Eight new affordable housing units for single mothers experiencing chronic homelessness will soon be built on Block Line Road in Kitchener.
The project, led by YW Kitchener-Waterloo, is also being funded by the Region of Waterloo and capital funding was provided through the Canada Mortgage and Housing Corporation's (CMHC) Rapid Housing Initiative.
Elizabeth Clarke, CEO of YW Kitchener-Waterloo who is also a regional councillor, said the YW was initially given property from the city to develop affordable housing in 2021.
The organization used that land to start development plans for 41 units for chronically homeless women. When those plans were completed, they were left with a small triangle of property. Clarke says the YW saw an opportunity to build more affordable housing, this time for homeless women with children.
The left-over property was big enough for eight two-bedroom units, but Clarke says she hopes the organization will be able to build more in the future.
"Right now we have about 1,800 households facing eviction," Clarke says, adding the increase in people facing eviction in Waterloo region went up by about 400 per cent during the pandemic.
At the onset of the pandemic, the Ontario government suspended all evictions. Now that the eviction freeze is over, Clarke says there is a "really big backlog" of eviction notices.
Some families have already been evicted but have been placed in motels with the help of YW.
In December in Waterloo region, the average price of a detached home reached $1,021,353, the Kitchener-Waterloo Association of Realtors reported.
Many say the rapid increase to the price of homes in Waterloo Region has pushed home ownership further out of reach.
The end of the year saw the average price of a detached home in Kitchener-Waterloo soar to over a million dollars.
The average price of an apartment style condo was just over half a million.
That's pricing some people out of the market. In November, CBC Kitchener-Waterloo spoke to Lavourine Bryan who rents her place in Kitchener. She said she has considered home ownership.
"I hear the pros and cons of it," she said. "They say you pay more in mortgage than you do in paying rent."
The notion that home ownership guarantees financial security in old age is being challenged by a recent survey.
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