A three tower affordable housing development, called Lumino, in the community of Manchester will create affordable housing through market units, both for rent and ownership.
The three-tiered market option of this project is intended to allow residents to progress from affordable rental to affordable ownership within the complex, thus contributing to a long term solution for affordability.
The first phase of the project will see construction of 88 affordable rental units by 2010. Construction of Lumino is one of many projects that will help the province reach its goal of creating 11,000 affordable housing units by 2012.
A dedication ceremony on the 30th of April unveiled a large engraved flagstone dedicated to the project and to be displayed in the children’s play area of the Lumino complex.