Pinegrove Place is a 10,000-square-foot one-storey building located at 57 Parkside Street with 12 one-bedroom units starting at 600-square-feet for seniors and individuals with physical disabilities.
It was built to provide much needed affordable housing in Minden. Residents rent at market value or at rent geared to income.
The project cost $1.7 million and was built to budget in a year by Lindsay’s MVW Construction. It is the first phase of a two-phase development, which is expected to include another residence with up to 22 units, ranging from one bedroom to three bedrooms. A timeline of completion has yet to be determined.
Funding for the project came from a variety of sources. There was a $1 million investment in affordable housing 2014 extension federal and provincial capital funding; $100,000 from the County of Haliburton; $100,000 reserve contribution from KLH Housing Corporation; seed funding through Canada Mortgage and Housing Corporation and assistance also came from the Municipality of Minden Hills, which donated the land, administrative costs for zoning and site plan, waived building permit fees, a portion of the servicing costs and reduced property tax.