135 affordable housing units in development in Peterborough, a community with the 2nd highest unemployment rate in Canada.

With a rental vacancy of 1%, and an affordable housing wait list hundreds and hundreds long, how is affordable housing affected by the hot housing market in the “heart of the Kawarthas” ? In Part 2 of our series on Housing. Darlene Cook, CEO of Peterborough Housing Corporation explains that even with several affordable housing projects underway (rent at 80-90% of market value), ” geared to income” projects are not in the works without funding.