WHY THIS MATTERS
Lake of Bays faces a critical housing shortage now. By 2051, nearly 680 housing units are needed to meet the growing population in Lake of Bays. Of that expected growth, 22% are expected to require affordable housing.
(Source:https://www.lakeofbays.on.ca/municipal-services/plans-and-strategies/housing-needs-assessment/)
(Source:https://www.lakeofbays.on.ca/municipal-services/plans-and-strategies/housing-needs-assessment/)
BIGGEST GAPS
- One- and two-bedroom rentals for residents earning below 50% of Muskoka’s median income of $83,000.
- Affordable family homes for low- and moderate-income households.
- Accessible housing for seniors and people with disabilities.