• Client Profile: Kingston & Frontenac Housing Corporation

    Established in the year 2000, Kingston & Frontenac Housing Corporation (KFHC) provides social housing to residents of the City of Kingston and Frontenac County. The organization is responsible for managing 1,519 rent-geared-to-income, rent-supplemented, and affordable-housing units. As an active leader in housing, KFHC fosters informed and engaged community home environments.

    Kingston Frontenac HousingThe Royal Cataraqui

    With a steadily growing population in the City of Kingston, the need for quality supportive housing remains strong. Significant portions of the community with lower incomes, particularly the elderly, continually seek affordable housing with rent-assisted accommodations.  

    To address this need, KFHC developed a new housing complex at 233 Queen Mary Road. The $4.7 million project involved construction of a seniors’ residence consisting of 27 one-bedroom, affordable housing units. Situated by the Cataraqui Creek, the four-storey, wood-framed building has come to be known as the Royal Cataraqui. 

    This project was sponsored by the Federal/Provincial Affordable Housing Program. 

    IO’s Financing Solution

    KFHC received initial funds from the City of Kingston to help develop their Royal Cataraqui housing complex.  The organization also approached Infrastructure Ontario (IO) to help further finance the new development. 
    After partnering with IO, KFHC secured a 20-year loan for $580 thousand to finance the remainder of their project. In July 2012, construction was completed and the facility opened.

    “We are very satisfied with the Loan Program - our unique financing plan, the flexible terms, and IO’s responsiveness to our requests.  Infrastructure Ontario provided a timely, effective, and efficient service.”

    Dan Song, Finance and Administration Manager, KFHC

    A Royal Success

    Infrastructure Ontario’s Loan Program has helped to accelerate construction of KFHC’s Royal Cataraqui project.

    The Royal Cataraqui now provides residents with barrier-free structures, ample closet spaces, ergonomic floor plans, grab-bars in the bathrooms, a community room, outdoor parking, and worry-free indoor and outdoor maintenance. The complex was also built in accordance with LEED Silver standards for incorporating an energy-efficient design.

    With the seniors’ population of Kingston on the rise, the completed Royal Cataraqui offers much needed affordable housing accommodations for elderly generations to come

    To learn more about KFHC and the Royal Cataraqui go to www.kfhc.ca.