History
The Town of Hearst Non-Profit Housing Corporation was created by
the Municipality and duly incorporated under the provisions of the
Business Corporation's Act on November 18th, 1980 with a mandate
to provide housing to disadvantaged citizens within the community.
Due to the existence of a serious accommodation shortage in the
Town of Hearst, a non-profit housing corporation was formed to provide
some relief for this problem. The housing corporation began as a
private non-profit corporation in the fall of 1977. Ten citizens,
forming the Board of Directors of the Corporation, conducted a survey
of housing needs in Hearst. This survey originated the "Logepop"
project, called Place Lambert today, which consists of twenty-five
family units in a multiple row housing design. It was the intent
of the private non-profit housing corporation to provide rental
accommodations of such type as indicated by their survey and at
reasonable rates to the tenant.
Since the formation of the private non-profit housing corporation,
it has been assessed that greater benefits for the corporation would
be derived from a municipal non-profit housing corporation rather
than a private one. It was found that municipal resources were needed
to support the private corporation in areas such as management,
for the amount of this type of expertise available in a small town
such as Hearst is limited. Lower income tenants also benefit from
programs such as subsidized rent which are more easily tailored
to existing needs through municipal non-profit housing corporations.
For these reasons, the municipality has decided to form a municipal
non-profit housing corporation with the intent of taking over the
existing private non-profit corporation which occurred in 1980.
The municipal non-profit housing corporation then, in 1980, received
its first allocation and undertook the construction of the twenty-five
units at Place Lambert and assumed the management.
Following a detailed study of the housing situation within the
community conducted in 1984, which revealed a heavy demand for Family
Assisted Dwelling Units, Senior Citizens apartments and housing
for Special Groups, a series of applications were then formulated.
Today, the Corporation manages and operates a total of 97 housing
units throughout the Town of Hearst. Provincial and Federal funding
commitments for each specific project enable the Corporation to
operate at a break-even point.
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