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WATERLOO, ONT. — Habitat for Humanity Waterloo Region, acting as leader of the BUILD NOW: Waterloo Region initiative, is negotiating with the City of Waterloo on an affordable and attainable ownership housing project.

The proposal aims to address the need for affordable housing in the region by providing over 1,000 homes.

In 2023, the BUILD NOW: Waterloo Region initiative committed to constructing 10,000 units of “missing middle” housing, explains a release. A potential partnership with the City of Waterloo marks a significant step toward this goal. The land for the project is located at 2025 University Ave. E. in Waterloo.

“Our proposed plan reflects what is quintessentially Waterloo Region. When given a problem to solve, folks with different backgrounds and perspectives come together to solve it,” said Philip Mills, CEO of Habitat Waterloo Region, in a statement. “Our plan is a strong example of community coming together for the betterment of the region, with a big focus on collaboration. By working together, we can create a lasting model for affordable and attainable ownership housing that benefits generations to come.

“We are excited about the opportunity to secure an agreement with the City of Waterloo to move this important development forward,” added Mills. “This is a key moment to demonstrate the power of collaboration in addressing the affordable housing crisis, and we are hopeful that we can finalize an agreement that will meet the city’s objectives for affordable and attainable ownership housing and unlock the potential of this site.”