A Great Victory for Affordable Housing in Mississauga

Carolyn Parrish

Mississauga has long held a reputation for being a great place in which to live, work and play, but for a certain councilor named Carolyn Parrish, it is also a place where she would like to see improvements continued to be made in social housing.

Carolyn Parrish is walking her talk and aiming to broker a project in the form of a new condo inspired by a local developer on City Centre Drive. It’s an innovative plan that will see designated units being offered to families with their names on the affordable housing waiting list.  A particular incentive for Carolyn Parrish is to effect change in this waiting list that stands at over six years; among the longest in the province. However, the question being asked of this veteran politician is, how?

The Motivation

Inspiration and motivation are a formula for success and when inspired and motivated people work together, the extraordinary thing can happen. Daniels Corporation is a well known and respected building firm with plans for constructing a two tower project in the center of Mississauga. It will comprise of a podium with four stories that act as a conduit for all of the exciting amenities associated with living in Mississauga. The units in the left tower are to be sold at current market value, but it’s the right tower in this project that has been purchased by the “Peel region” for about $400,000 per unit.

Carolyn Parrish and Daniels Corp. have combined their mutual ambitions for the city and created a winning situation for the everyone.

Daniels Corp receives an exemption from the region in having to pay $4.5million in development charges with the city also giving a further $2.7 million exemption in the form of grants. In return, Daniels Corp. has dedicated 170 units for families that are in dire need of affordable housing. Sixty-percent of the units will be for rental purposes, for tenants who unit-collectively, generate less than a $100,000 income. The remaining 40% will be for families on the housing waiting list. It has provided the City with an economically viable solution for easing the burden posed by the affordable housing list and a citizen-friendly home remedy.

Win-Win Solution

Daniels Corp. will gain by being able to proceed with their planned development and instead of competing with the City they have the opportunity of working with the municipality with positive results for all concerned. For councelor Carolyn Parish and the councilors who voted for this solution; it’s a victory in dedication and commitment towards affordable housing.

For those in need of this type of housing solution, they are probably the biggest winners. Those rightfully selected have been waiting for the longest time. They will live in the heart of the city in a comfortable environment within easy reach of all amenities. They are families who are not being called upon to sacrifice a reasonable standard of living because of their financial situation.

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