French River Senior Housing Project
The French River Senior Housing Project is progressing steadily, bringing us closer to providing much-needed housing for residents aged 55 and older. The 30-unit facility, featuring one- and two-bedroom suites, is designed to offer independent living at affordable rates.
The tenant application package will be available in February 2025. Descon will be at the Municipal Office on February 25th and 26th to assist applicants with filling out applications by appointment only.
Tenant Selection & Governance
A not-for-profit board will oversee operations, and the property manager (Descon) will handle tenant applications and selection details.
Rental Rates
Once financing details are finalized, rental rates will be confirmed. The Board is currently negotiating mortgage rates to determine the final costs. Current estimated rates are:
- One-Bedroom Unit: $ 1,455 - $ 1,550
- Two-Bedroom Unit: $ 1,655 - $ 1,750
Tenants will be responsible for their appliances. Rates do not include utilities or parking fees. More details will be provided in the Tenant Handbook when applications are available. The facility is expected to be ready in Fall 2025.
BACKGROUND INFORMATION
Ground Breaking Ceremony (July 11, 2024)
June 21, 2023 - Council Meeting - Report
Press Releases
Open House (Posted: February 16, 2024)
Groundbreaking Ceremony for French River Senior Housing (Posted: June 25, 2024)
Update on Seniors Housing Development - Community Notice (Posted: January 15, 2025)
Media
CTV News - More affordable housing for seniors in the north (July 12, 2023)
CTV News - Affordable Seniors Housing Open House (Video) (February 16, 2024)
Sudbury Star - French River Announces Affordable Senior Housing Project (February 16, 2024)
Northern News - French River Announces Affordable Senior Housing Project (February 16, 2024)