THAT Council receive this staff report for information;
FURTHER THAT Council award funding under the 2021 Affordable and Rental Housing CIP in the amount of $111,863 under the Building Fees Program, $16,050 under the Planning Fees Program, $10,000 grant and $50,000 loan under the Sustainability Program and $10,000 grant and $50,000 loan under the Universal Design Program, totaling $147,913.87 grant and $100,000 loan to Balder Corporation; and
FURTHER THAT Council pass a By-law authorizing the Mayor and Clerk to execute the necessary funding agreements between the Town of Cobourg and Balder Corporation; and
FURTHER THAT Staff send a letter to the unsuccessful applicants and explore any further funding opportunities during the 2022 intake period and beyond for their projects;
FURTHER THAT the 2021 Evaluation Committee being comprised of Coordinator of Planning & Development Services; One (1) member of the Planning & Development Advisory Committee; One (1) member of the Northumberland Affordable Housing Committee; Director of Corporate Services (or designate); Director of Planning or Development (or designate); and the County Housing Services Manager (or designate) continue their work during the evaluation of the 2022 applications being received up until September 30, 2022; and,
FURTHER THAT Council send a letter to the evaluation committee thanking members for their service.