The Greenwood Improvement Society (TGIS) has received a $10,000 Seed Funding grant from the Canadian Mortgage and Housing Corporation (CMHC) to support a feasibility study to determine the need for a senior housing facility in Greenwood.
The award of this grant is the first step the Greenwood Improvement Society has made towards construction of housing specifically designed for senior living in Greenwood.
CMHC Seed Funding will provide the financial assistance required to evaluate housing need and demand, and find funding and other resources.
Fred Marshall, TGIS president, explained, “If the feasibility study indicates a strong need for a senior housing in Greenwood, TGIS can then move forward with credible information upon which they may base their request for provincial, federal and possibly private funding to construct such a facility.”
In February 2013, TGIS received support in principal from city council when they promised the provision of land should the senior housing project go forward.
For more information about the Greenwood Improvement Society contact Fred Marshall at 250-445-6496.