Innovative partnership to bring 100 units of social and affordable housing for independent seniors to Rimouski [Yahoo! Finance]
Cabot Corporation (CBT)
Last cabot corporation earnings: 2/3 04:16 pm
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Source: Yahoo! Finance
the construction of a 100-unit social and affordable housing building for independent seniors over the next two years. The funding for these units stems from the recent Canada–Quebec Agreement under the Housing Accelerator Fund (HAF). The six-storey building to be constructed in Rimouski represents a government investment of .5 million, in addition to the contribution from the City of Rimouski, which is providing the land and certain breaks on taxes and utility connection costs. A philanthropic donation by Luc Maurice, Chair of the Board of Directors of Mission Unitaînés, will round out the funding package. The work should be finished by spring 2026. Once construction is finished, the Office d'habitation Rimouski-Neigette will manage and maintain the building using a ,000 reserve fund provided by Mission Unitaînés. It will also select the building's residents. The building will include 100 units, with rents varying based on unit size. Equipped with two elevators, sprinklers and a
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CBT
Earnings
- 5/6/24 - Beat
CBT
Sec Filings
- 5/17/24 - Form 4
- 5/16/24 - Form 144
- 5/15/24 - Form 144
- CBT's page on the SEC website