Affordable Housing Matters: Announcing New Affordable Housing Fund

Affordable Housing Matters:
Announcing New Affordable Housing Fund

As housing costs continue to rise, many individuals and families are facing increasing challenges in securing housing that meets their needs and fits within their budget.Vital Signs shows that the housing shortage and high prices, coupled with increasing costs of living (utilities, taxes, etc.) have resulted in many young families, low-income earners and seniors being unable to afford to live in Prince Edward County.

To help address this critical need, The County Foundation is pleased to announce the launch of a new Affordable Housing Fund to support projects that increase access to safe, affordable, and stable housing for residents in Prince Edward County.

As a donor advised fund, it is initially focusing on the identified affordable housing project on Disraeli Street, which currently has an approximate funding gap of $390,000 within a total project cost of $3.5 million. The intent of this fund is to address the immediate needs of the Disraeli Street housing project while also serving as a vehicle to support future affordable housing initiatives, such as the proposed project on Niles Street in Wellington.

The Affordable Housing Fund will be established with a $50,000 donation from a private donor. Donations directed to the fund will be stewarded by The County Foundation in alignment with its original intent and directed toward affordable housing initiatives that support safe and accessible housing in our community. Furthermore, an additional $50,000 in matching funds has been pledged by another private donor wanting to support the cause.

Conceptual rendering of affordable "missing middle" housing in Picton.

“Housing is about much more than having a roof over your head. It is the foundation that allows people to live, work, raise families, contribute to their communities, and build a sense of belonging. Affordable and attainable housing is not just for a specific group of people. It supports the nurses, tradespeople, seniors, educators, farmers, hospitality workers, entrepreneurs, and young families who are essential to the vitality of Prince Edward County,” says Dominique Jones, Executive Director. “When people can afford to live where they work, communities become stronger, more connected, and more resilient. We know from Vital Signs data that Prince Edward County has the lowest proportion of working-age residents in Ontario, with just 53.5% of our population between the ages of 15 and 64, compared to 67% across the province. Without housing options that are within reach for working people and families, this gap will continue to widen, placing increasing pressure on local businesses, workforce recruitment, volunteer organizations, and the services we all rely on.”

The Affordable Housing Fund will not have open calls for applications. Instead, it will focus on specific, identified projects and opportunities before considering additional projects.

Support Affordable Housing in Prince Edward County

Make affordable housing in Prince Edward County a reality:

Discuss your plan for giving with TCF's Executive Director Dominique Jones by emailing ed@thecountyfoundation.ca or calling 613-519-4470.
Donate online through CanadaHelps by selecting the fund from the drop down menu.
Mail a cheque addressed to The County Foundation with "Affordable Housing Fund" in the memo.
Mailing address is 100 Picton Main Street, Picton, ON K0K 2T0.
Send an E-Transfer to info@thecountyfoundation.ca with "Affordable Housing Fund" in the memo.
Please send us a seperate email to confirm the password and to provide your details for the tax receipt.

Donations up to $50,000 will be matched. Double your impact and help address this critical need in our community.

Affordable Housing Matters: ​Announcing New Affordable Housing Fund

Affordable Housing Matters:
Announcing New Affordable Housing Fund