More affordable apartments coming to Burnaby [Yahoo! Finance]
Cabot Corporation (CBT)
Last cabot corporation earnings: 2/3 04:16 pm
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Source: Yahoo! Finance
The federal and provincial governments also announced an additional $22.3 million in combined funding to support the renovation and upgrades of up to 421 units in two existing properties in Burnaby The first construction project is located at 6488 Byrnepark Drive and will be owned and operated by the M'akola Housing Society. The six-storey building will feature 130 homes - ranging from studios to three-bedroom apartments - for low- to moderate-income households. Seven of the homes will be accessible and 19 will be adaptable for future accessibility needs. The building will also have underground parking, an indoor amenity room, a playground, dog run, and a park. Rents will be a mix of rent-geared- to-income where residents pay 30 percent of their income for rent, market rates and deep-subsidy rates for people on income assistance. Final rental rates will be determined closer to completion. Construction of the building is expected to be complete in 2026. Funding for the second bu
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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