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Victoria Park Community Homes Closes $96 Million Financing and $108 Million Design-Build Contract for Affordable Housing Project
On February 24, 2025, Victoria Park Community Homes Inc. (“VPCH”) entered into an affordable housing loan agreement, as borrower, with Canada Mortgage and Housing Corporation (“CMHC”), as lender, under the Affordable Housing Fund program, administered by CMHC as part of Canada’s National Housing Strategy, to assist in financing the costs of a construction project at 60 Caledon Avenue, Hamilton, Ontario.