Fed funds for Trinity Tower


By
December 6, 2024

The federal government is supporting the construction of Trinity Tower, a 108-unit housing project in Sault Ste.Marie. This investment is part of the federal government’s broader commitment through the Affordable Housing Fund which includes previously announced investments to build and repair over 1,033 homes in Sault Ste. Marie.

Operated by the Cara Community Corporation, this nine-story new development located at 352 Northern Avenue East, will transform the site of the former Holy Trinity Anglican church into 108 homes, including 33 affordable housing units for seniors.

The building will include a chapel on the ground floor to honor the site’s spiritual heritage along with commercial spaces for offices, food, services, and retail.

A breakdown of funding for the housing project includes: $34 million in low interest repayable loans and $1.3 million in forgivable loans from the federal government through the Affordable Housing Fund (AHF); and $70,000 from the federal government through Canada Mortgage and Housing Corporation’s SEED funding program.

Construction for this project is underway and is expected to be completed by the winter of 2026.

QUOTES

“Affordable housing is one of the core issues facing our community and this investment
in Trinity Tower will provide more people a safe and affordable place to call home. We
will continue to work with partners to invest in affordable housing projects here at home
and across the country.”
— Terry Sheehan, Member of Parliament for Sault Ste. Marie and Parliamentary Secretary to the Minister of Labour and Seniors

“For the first time in decades, Sault Ste. Marie is experiencing significant population growth, and the City has been proactively working alongside government and private sector partners to expand our local housing supply to ensure we have the housing options needed to accommodate the increasing number of people choosing to settle in our community. Trinity Tower exemplifies the ongoing effort to transform underdeveloped property into modern, accessible housing that makes the best use of those lands, and I’m grateful for support from the Government of Canada.”
— Matthew Shoemaker, Mayor of Sault Ste. Marie

“Trinity Tower, Housing for All, a Dream in the Making.”
— Geoffrey Meakin, President of Cara Community Corporation

RELATED LINKS

Visit Canada.ca/housing for the most requested Government of Canada housing information.
To find out more about the National Housing Strategy, please visit www.placetocallhome.ca.


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