North Bay, ON: The Nipissing District Housing Corporation (NDHC), (DNSSAB is the sole shareholder of NDHC), and the Ontario Aboriginal Housing Services (OAHS) Corporation have reached a deal that will see the construction of 60 new affordable housing...Land Transfer Agreement • June 28th, 2023
Contract Type FiledJune 28th, 2023The land transfer agreement between the two organizations ensures that the property will be developed, operated, and maintained by OAHS for affordable rental housing for 20 years with construction expected to begin by October of next year, with a potential extension of a year. The agreement also stipulates the property cannot be sold or redeveloped for anything other than affordable rental housing, within the 20-year period.