Bancroft is getting some provincial support for a large and very prominent piece of infrastructure.
The Ontario government is investing $3.65 Million in water infrastructure to help build approximately 1,059 new homes in The Town of Bancroft. The funding is being delivered through the province’s Housing-Enabling Water Systems Fund (HEWSF), a stream of the Municipal Housing Infrastructure Program (MHIP).
The Town of Bancroft will use the funding to replace the water tower. This project will help unlock more housing opportunities and support economic growth in the local community.
“Small and rural municipalities have limited resources to support their infrastructure needs, especially something as important as clean safe drinking water. I’m pleased to see the Ontario government supporting the residents of Bancroft with this funding for a new water tower.” MPP Ric Bresee
“I think this is absolutely wonderful for the Town of Bancroft. A 3.65-million-dollar investment into our water tower which is infrastructure that we can’t go without. Clean drinking water for our community is vital. Thank you MPP Ric Breese and the province of Ontario, this is incredible, and this is appreciated. The wellbeing of our community is of utmost importance.” Deputy Mayor, Tracy McGibbon.
The MHIP is part of the government’s plan to protect Ontario and includes historic investments in housing- and community-enabling infrastructure that will help municipalities deliver the core infrastructure needed, such as roads and water systems, to lay the foundation for new homes in communities across the province.
“In the face of economic uncertainty, our government is investing in the future for the people of Ontario by doubling down on our plan to build,” said Kinga Surma, Minister of Infrastructure. “With our additional investments in the MHIP, we’re unlocking more housing and building critical infrastructure that will protect communities, keep workers on the job and lay the groundwork for a stronger economy.”
This round of funding brings the total number of homes enabled in Ontario through the MHIP to about 800,000. Investing in local infrastructure is part of the province’s more than $200 billion capital plan to build and improve transit, highways, hospitals, schools and other critical public infrastructure, while strengthening the economy for the future.
(PAUL MARTIN)
