Minto offers municipal land for affordable housing development for $1

(Facebook/Village of Minto)

The Village of Minto is offering parcels of municipal land for $1 to developers for affordable housing projects.

In a release, the Village says the goal is to build at least six housing units this year, and it expects to enter into a developer agreement to build more rental units in future years.

For-profit and not-for-profit developers are welcome to submit proposals, and projects can include Canada Mortgage and Housing Corporation (CMHC) and Federation of Canadian Municipalities (FCM) contributions.

Tenders can submit proposals by 3 p.m. on February 23rd to the Village Office (420 Pleasant Drive) and more details, along with the Request for Proposal document, can be found on the Village of Minto Facebook page, or by calling 506-327-3383.